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What is the net present value of a project with the following cash flows and a required return of 11 percent? Year Cash Flow 0

What is the net present value of a project with the following cash flows and a required return of 11 percent?

Year Cash Flow
0 $47,400
1 16,000
2 35,530
3 3,750

-$1,105.06

-$1,406.67

$1,406.67

-$4,264.39

$1,105.06

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