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The Commerce Company is evaluating a project with the following cash flows: Year Cash Flow 0 ($20,000) 1 $ 3,000 2 $ 4,000 3 $

The Commerce Company is evaluating a project with the following cash flows:

Year

Cash Flow

0

($20,000)

1

$ 3,000

2

$ 4,000

3

$ 5,000

4

$ 6,000

5

$ 7,000

What is the net present value of the proposed Commerce Company project if the discount rate (WACC) is 6%?

$572

$1,572

$465

$5,000

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