Question: A project requires a $3,000,000 initial investment, and will yield incremental after-tax cash flows (OCF's) of $620,000 per year for 9 years. What is the

A project requires a $3,000,000 initial investment, and will yield incremental after-tax cash flows (OCF's) of $620,000 per year for 9 years. What is the NPV of the project if the required return is 10% APR compounded annually?

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