What is the net present value of the factory

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A factory costs $380,000. You forecast it will produce cash inflows of $121,000 in year 1, $280,000 in year 2, and $380,000 in year 3. The cost of capital is 8%. What is the net present value (NPV) of the factory?

The NPV of the factory is $___. (round to nearest cent)

Reference no: EM131591378

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