What is the net present value of project

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Mille-Hiver Corp. is considering a 20-year project that requires an initial investment of $15 million. The project provides an annual cash inflow of $1.5 million for the first ten years and an annual cash inflow of $2.5 million for the subsequent ten years. If the firm's required return is 10%, what is the net present value (NPV) of this project?

Reference no: EM133119923

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