Suppose Corporation Z is considering investing in a new project of urban development. The cost of the project is $5000000 USD. Corporation Z expects that the non-incremental yearly cash flows from the project are $1000000 Millions of USD for the next five years; e.g. that is $1000000 USD each year. Using the calculated WACC in the previous question, what is the Net Present Value (NPV) of the project?
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