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Middlefield Motors is evaluating a project that would cost 5,900 dollars today. The project is expected to have the following other cash flows: 2,280 dollars in 1 year, -2,250 dollars in 3 years, and 8,120 dollars in 4 years. The cost of capital of the project is 7.44 percent. What is the net present value of the project?

Financial Management, Finance

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