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Problem:

Cortez Art Gallery is adding to its existing buildings at a cost of $2 million. The gallery expects to bring in additional cash flows of $520,000, $700,000, and $1,000,000 over the next three years. Given a required rate of return of 10 percent,

Required:

Question: What is the NPV of this project?

Please show all calculation and methods.

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Category:- Basic Finance
Reference No.:- M91147468

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