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Techron Inc. is considering an investment overseas that requires an investment of $35,000. The investment will be located in Country X and the estimated cash

Techron Inc. is considering an investment overseas that requires an investment of $35,000. The investment will be located in Country X and the estimated cash flows over the next three years are $19,000, $24,300, and $22,800, respectively. Any cash earned in country X is blocked and must be reinvested in the country for one year at an interest of 3.3 percent. The project has a required return of 8.3 percent. What is the project's NPV?

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