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A project requires an initial outlay of $50,000,000. The project life is determined to be 5 years at which time it will be discontinued and sold for...

A project requires an initial outlay of $50,000,000. The project life is determined to be 5 years at which time it will be discontinued and sold for scrap at $5,000,000. The project will generate net cash in-flows of $20,000,000 every year for the next five years. The projects required rate or discount rat is 11.25%. What is the projects NPV?

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