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What is the net present value of a replacement project whose cash flows are -$856,000; $596,000; $730,000; and $176,000 for years 0 through 3, respectively?
What is the net present value of a replacement project whose cash flows are -$856,000; $596,000; $730,000; and $176,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 16.9% p.a. (round to the nearest dollar)
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