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Shannon Industries is considering a project which has the following cash flows: YearCash Flow 0? 1$2,000 23,000 33,000 41,500 The project has a payback period

Shannon Industries is considering a project which has the following cash flows:

YearCash Flow

0?

1$2,000

23,000

33,000

41,500

The project has a payback period of 2.5 years. The firm's cost of capital is 12 percent.What is the project's net present value NPV?

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