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1 1 point An investment costs $177,000 today and promises a series of $16,000 annual cash inflows in each of the next 7 years. The
1 1 point An investment costs $177,000 today and promises a series of $16,000 annual cash inflows in each of the next 7 years. The first cash inflow occurs one year from today. What is the net present value of this investment if the discount rate is 7%? Round your answer to the nearest dollar. Be sure to enter a negative sign (-) if your answer is a negative number. DED Type your answer....
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