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Computation of the NPV of the project
What is the NPV for the following project if its cost of capital is 15 percent and its initial after tax cost is $5,000,000 and it is expected to provide cash inflows of $1,800,000 in year 1, $2,900,000 in year 2, $1,700,000 in year 3 and $1,300,000 in year 4?
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