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You are considering a project with the following properties. The initial cost is $ 2 5 0 , 0 0 0 . The cash flows

You are considering a project with the following properties. The initial cost is $250,000. The cash flows for the next four years are $50,000 in year 1, $50,000 in year 2, $50,000 in year 3, and $75,000 in year 4. The required rate of return (discount rate) is 12%. What is the NPV and your decision for the project?

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