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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.

r: 10.00%
Year 0 1 2 3
Cash flows $1,050 $450 $460 $470

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