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Suppose a project will cost $7,808 to install. It will provide cash flows of $2,916, $2,997 and $2,988 in the next three years. Suppose

Suppose a project will cost $7,808 to install. It will provide cash flows of $2,916, $2,997 and $2,988 in the next three years. Suppose the opportunity cost of capital is 7%. Please find the net present value of the project. [Hints/Example]

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