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1. Marlin Liquidators is considering the purchase of a new $175,000 crane. If Marlin expects the cash inflows to be $45,000 after the first year,

1. Marlin Liquidators is considering the purchase of a new $175,000 crane. If Marlin expects the cash inflows to be $45,000 after the first year, $76,000 after the second year, and $80,000 after the third year, what is the NPV if the cost of capital is 15%?

10%

8%

7%

11%

6%

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