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Robert is considering investing $38,646 in a project that is expected to provide him with cash inflows of $13,316 at the end of each of
Robert is considering investing $38,646 in a project that is expected to provide him with cash inflows of $13,316 at the end of each of the first two years and $19,678 at the end of the third year. What is the project's NPV at a discount rate of 7 percent?
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