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The Commerce Company is evaluating a project with the following cash flows: Cash Flow 0: -$10,000 Year 1: $ 4,000, Year 2: $ 6,000 Year

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

Cash Flow 0: -$10,000

Year 1: $ 4,000,

Year 2: $ 6,000

Year 3: $ 8,000

What is the net present value of the proposed Commerce Company project if the discount rate is 8%?

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