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A startup, JollyRogerBay, has developed their best available project that will require an immediate outflow of $47855. The project's long-term cash flows are expected to be $22150 per year for 4 straight years beginning in one year. If the required rate of return is 9.25%, calculate the project's NPV.

Use four decimal points.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92090689

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