A project costs $200 and will provide cash flows of +$100, +$300, and +$500 in consecutive years.

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A project costs $200 and will provide cash flows of +$100, +$300, and

+$500 in consecutive years. The annualized interest rate is 3% per annum over 1 year, 4%per annum over 2 years, and 4.5% per annum over 3 years.What is this project’s NPV?

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