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Spring 20 Company is considering investing $600,000 in a land development project. The project is...

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Accounting

Spring 20 Company is considering investing $600,000 in a land development project. The project is expected to yield cash inflows of $210,000 for 4 years. The company uses a discount rate of 6%.

What is the net present value of the investment? Specify if it is negative or positve.

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