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Reed Enterprises is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that

Reed Enterprises is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected.(EXCEL/FORMULA)

r:

10.00%

Year

0

1

2

3

Cash flows

$1,050

$475

$470

$460

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