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Consider the following project being analyzed for possibleinvestment at ABC Corp.InitialCost –$50Inflow Year1 $15Inflow Year2 $15Inflow Year3 $20Inflow Year4 $10Inflow Year5 $10All amounts are in millions. The required return for the projectis 8%.The project’s NPV is:(Enter your answer without a leading dollar sign out to twodecimal places and in abbreviated millions. As an example, youwould enter $2.42 million as 2.42.)
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