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1. What is the net present value of a project with the following cash flows and a required return of 12 percent? Year Cash Flow
1. What is the net present value of a project with the following cash flows and a required return of 12 percent?
Year Cash Flow
0 -$42,398
1 $13,407
2 $21,219
3 $17,800
_______________________________________________________________
a. -1574.41
b.-1208.19
c.-842.12
d.729.09
e.1311.16
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