Question: Van De Groep LLC is considering a new project. The initial cash outflows are $ 1 0 , 0 0 0 . The Company believes

Van De Groep LLC is considering a new project. The initial cash outflows are $10,000. The Company believes the project will yield cash inflows of $0 in year 1, $1,740 in year 2, $4,060 in year 3, and $5,800 in year 4. Assuming an annual discount rate of 5%, calculate the project's net present value.

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