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Stone Inc. is evaluating a project with an initial cost of $ 9 , 5 0 0 . Cash inflows are expected to be $

Stone Inc. is evaluating a project with an initial cost of $9,500. Cash inflows are expected to be $1,500, $1,500, and $10,000 in the three years over which the project will produce cash flows. If the discount rate is 6%, what is the net present value of the project? (Round to nearest dollar. Enter negative values with a (-), example: -1000)

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