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You are evaluating a project with the following expected cash flows: an initial investment of $13 million, followed by cash flows of $6, $10 and
You are evaluating a project with the following expected cash flows: an initial investment of $13 million, followed by cash flows of $6, $10 and $22 million in years 1, 2 and 3, respectively. If the company's WACC is 11%, what is this projects NPV?
Enter your answer in millions of dollars, with no decimals.
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