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12-04-2024
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What is the net present value of a project that has an initial cash outflow of $12,670 and the following cash inflows? The required return is 12.5%.
Year Cash flow
1 4,375
2 0
3 8,750
4 4,100
A. $-218.68
B. $-124.46
C. $-76.10
D. $549.65
E. $671.02

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