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The company estimates that this new product projects NPV is $4 million. The company will lose $730,000 in after-tax cash flows during each year of

The company estimates that this new product projects NPV is $4 million. The company will lose $730,000 in after-tax cash flows during each year of the next decade because of the new product. The discount rate is 9%. W hat is its NPV, after considering the losses of the project?

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