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The Allied Corporation analyzes a project that requires an immediate investment of $ 445 . Allied estimates that at the end of the first year
The Allied Corporation analyzes a project that requires an immediate investment of $445. Allied estimates that at the end of the first year the project will generate a cash flow of $690, but that at the end of the second year, when the project ends, it will generate a negative cash flow of $60. The project's required rate of return is estimated to be 8.75%. Calculate the NPV of Allied's project. $
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