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17. What is the net present value of a project with the following cash flows and a required return of 13 percent? Year Cash Flow

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17. What is the net present value of a project with the following cash flows and a required return of 13 percent? Year Cash Flow 0 $48,400 13,950 37,530 3,350 1 2 3 a. $4,039.83 b. -$4,039.83 c. $4,341.65 d.-$4,341.65 e. -$7,722.98 D

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