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The Cyclone Golf Resorts is redoing its golf course at a cost of $3 million. It expects to generate cash flows of $400,000, $1,000,000, $2.000.000
The Cyclone Golf Resorts is redoing its golf course at a cost of $3 million. It expects to generate cash flows of $400,000, $1,000,000, $2.000.000 and $2.000.000 over the next four years. If the appropriate discount rate for the firm is 25 percent, what is the NPV of this project? (Do not round intermediate computations.
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