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What is the net present value of a project that has an initial cash outflow of $16,270 and the following cash inflows? The required return

What is the net present value of a project that has an initial cash outflow of $16,270 and the following cash inflows? The required return is 10.5%. (Show all calculations for full credit.)

Year

Cash Inflows

1

$4,100

2

$0

3

$8,750

4

$4,375

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