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20-05-2023
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A project requires a $30,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2 Year 3 Total $ 12,000 $ 8,000 $ 10,000 $ 30,000 Assuming a discount rate of 10%, what is the net present value (rounded to the nearest whole dollar) of this investment

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