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Tom and Jerry Corp. has a project with a cost today of $875,520, a ten year life, and annual cash inflows of $182,800 each year.
Tom and Jerry Corp. has a project with a cost today of $875,520, a ten year life, and annual cash inflows of $182,800 each year. Assuming the company's required rate of return is 12.8 percent, calculate the net present value of this project.
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