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Tiger Sporting Equipment, Inc. is considering a modification to its facilities. The project is expected to have the following cash flows. The firm's discount

 

Tiger Sporting Equipment, Inc. is considering a modification to its facilities. The project is expected to have the following cash flows. The firm's discount rate (WACC) is 10%. Year 0 1 2 3 4 Cash Flow -16,000 4,500 4,900 5,700 6,725 What is the NPV of the project?

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