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10. What is the net present value of a project that has an initial cash outflow of $36,300 and cash inows of $11,500, $21,700, $0,

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10. What is the net present value of a project that has an initial cash outflow of $36,300 and cash inows of $11,500, $21,700, $0, and $10,400 in Years 1 through 4, respectively? The required return is 15 percent. A. -$3,945.45 B. -$3,053.51 C. -$2,481.53 D. $2,311.08 E. $2.416.75

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