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17. What is the net present value of a project with the following cash flows if the discount rate is 15 percent? Year Cash Flow

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17. What is the net present value of a project with the following cash flows if the discount rate is 15 percent? Year Cash Flow -$48,100 15,600 28,900 15,200 0 2 3 A. -$2,687.98 B. -$1,618.48 C. $1,044.16 D. $1,035.24 E. $9,593.19

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