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Suppose you are evaluating a project with the cash inflows shown in the following table. Your boss has asked you to calculate the project's not

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Suppose you are evaluating a project with the cash inflows shown in the following table. Your boss has asked you to calculate the project's not present value (NPV). You don't know the project's inte al cost, but you do know the project's regular, or convention, payback period is 2.5 years The project's annual cash flows are: Year Year Cash Flow $300,000 $50,000 Year 2 $213,391 Year 3 Year 4 500,000 300,000 $226,728 $240,065 $266,739 Ir the project's desired rate of return is 8.00%, the project's NPV IS (Hint: Round your calculations to the nearest dollar.)

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