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What is the net present value of a project with the following cash flows if the discount rate is 8.6 percent? Year 0 1 2

What is the net present value of a project with the following cash flows if the discount rate is 8.6 percent?

Year

0

1

2

3

4

Cash Flow

-$29,000

$6,000

$12,000

$15,000

$7,000

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