Question: A company is considering a 10-year project that would require an initial cash outflow in the amount of $3,000,000 at the beginning of the project

A company is considering a 10-year project that would require an initial cash outflow in the amount of $3,000,000 at the beginning of the project (i.e. t=0). The project has expected cash inflows in the amount of $500,000 at the end of each of the 10 years. The company requires a 10% return on investment. What is the NPV for this project?

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