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Use the following cash flows to answer questions #1 through #5 below. Assume the required return is 12 percent. Year Cash Flows 0 -$190,000 1

Use the following cash flows to answer questions #1 through #5 below. Assume the required return is 12 percent.

Year

Cash Flows

0

-$190,000

1

$70,000

2

$56,000

3

$64,000

4

$42,000

What is the net present value of this project?

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