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Suppose a compary has proposed a new 5 yeat project. The project has an initial outlay of 5103,000 and has expected cash flows of 539,000

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Suppose a compary has proposed a new 5 yeat project. The project has an initial outlay of 5103,000 and has expected cash flows of 539,000 in year 1. $42,000 in year 2.559.000 in year 3, 564,000 in year 4 and $71,000 in year 5 . The required fate of return is 164 for projects at thes company, What is the oet gresent value for this project? (Answer to the nearest doilar.)

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