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20 POINTS Tangshan Mining Company is considering investing in a new mining project. The firm's cost of capital is 12 percent and the project is

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20 POINTS Tangshan Mining Company is considering investing in a new mining project. The firm's cost of capital is 12 percent and the project is expected to have an initial after-tax cost of $5,000,000. Furthermore, the project is expected to provide after-tax operating cash flows of $2,500,000 in year 1, $2,300,000 in year 2, $2,200,000 in year 3, and ($1,300,000) in year 4. What is the Net Present Value for this project? O a. $210,516 O b. $176,009 Oc. $210,516) O d. ($176,000) O e. ($ 194,380) Of. $194,380 O g. $95,024 O h. ($95,024)

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