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You have been asked to evaluate a 5-year project that will provide the following cash flows: Year Cash Flow 0 -$225,500 1 $62,200 2 $53,520

You have been asked to evaluate a 5-year project that will provide the following cash flows:

Year Cash Flow
0 -$225,500
1 $62,200
2 $53,520
3 $53,030
4 $53,840
5 $55,090

The required return is 9.2 percent. What is the project's NPV?

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