Question: A company is considering a 6-year project that would require a $5,000,000 intial cash outflow at the beginning (i.e. t=0). The project is expected to

A company is considering a 6-year project that would require a $5,000,000 intial cash outflow at the beginning (i.e. t=0). The project is expected to generate cash inflows in the amount $1,500,000 at the end of each of the 6 years. If the company requires a 14% return on investment, what is this project's NPV?

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