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4. A investment project generates the following incremental cash inflows over the next 5 years, C = $1.5 million, C = $1.3 million, C3

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4. A investment project generates the following incremental cash inflows over the next 5 years, C = $1.5 million, C = $1.3 million, C3 = $1 million, C4 = $0.8 millon, and C5 = $0.7 millon. What is the PV of the inflows? The cost of capital is 10%.

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