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What is the net present value of a replacement project whose cash flows are -$717,000; $440,000; $765,000; and $134,000 for years 0 through 3, respectively?
What is the net present value of a replacement project whose cash flows are -$717,000; $440,000; $765,000; and $134,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 16.8% p.a. (round to the nearest dollar)
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