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The Kyler Murray Company is investing in a new piece of equipment at a cost of $ 6 million. The project is expected to generate

The Kyler Murray Company is investing in a new piece of equipment at a cost of $6 million. The project is expected to generate annual cash flows of $1,850,000 over the next six years. The firm's cost of capital is 20 percent. What is the project's NPV?(Do not round intermediate computations. Round final answer to nearest dollar.)

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