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What is the NPV of a project that costs $ 1 4 , 0 0 0 today and another $ 6 , 0 0 0

What is the NPV of a project that costs $14,000 today and another $6,000 in one year, and is then expected to generate 12 annual cash inflows of $3,000 starting at the end of year 4. Cost of capital is 9%. Round to the nearest dollar.

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