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A company is considering a project with the following expected cash flows: Year 0: -$685,000 Year...

A company is considering a project with the following expected cash flows:

Year 0: -$685,000
Year 1: $305,000
Year 2: $305,000
Year 3: $305,000
The company requires a 15% return on investment. Compute the NPV for the project.

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