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Project Andrew's Art Studio is expected to require an investment of $58,950 upfront in year...

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Project Andrew's Art Studio is expected to require an investment of $58,950 upfront in year 1 and then produce positive cash inflows of $12,048 in years 2 through 5. The opportunity cost of capital is 8.07%, what is the net present value from Andrew's art studio? Include two decimal places in your answer and a negative if appropriate (example - 1,435.77)

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