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2. A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The

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2. A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500 What is the net present value of this project if the required rate of return is 16 percent? a . -$311.02 b. $1,048.75 C. $4,650.11 d. $9,188.98 e. $11, 168.02 f none of the above are correct

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