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The ABC Resort is redoing its golf course at a cost of $783,000. It expects to generate cash flows of $437,000, $774,000 and $166,000 over

The ABC Resort is redoing its golf course at a cost of $783,000. It expects to generate cash flows of $437,000, $774,000 and $166,000 over the next three years. If the appropriate discount rate for the company is 16.6 percent, what is the NPV of this project (to the nearest dollar)?

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