Question: A 7-year project that would require an intial cash outflow of $340,000 at the beginning is expected to produce cash inflows of $70,000 at the

A 7-year project that would require an intial cash outflow of $340,000 at the beginning is expected to produce cash inflows of $70,000 at the end of each of the project's 7 years. If the required return is 8%, what is the project's NPV?

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