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SunoCo. is considering an investment overseas that requires an investment of $31,000.The investment will be located in Country Cand the estimated cash flows over the
SunoCo. is considering an investment overseas that requires an investment of $31,000.The investment will be located in Country Cand the estimated cash flows over the next three years are $15,800, $20,300, and $17,200, respectively. Any cash earned in country C is blocked and must be reinvested in the country for one year at an interest of 2.5 percent. The project has a required return of 7.5 percent. What is the project's NPV?
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