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Project A would require an initial outlay of $48,000 and is expected to generate positive cash flows in years one through six of $16,072; $14,392; $12,243; $19,832; $13,760; and $12,663. Using a discount rate of 9.9%, what is the NPV of this project? If the answer is negative, include the negative sign, and show the answer to the nearest dollar.

Financial Management, Finance

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