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#3 A project that provides annual cash flows of $16,900 for eight years costs $75,000 today. What is the NPV for the project if the

#3 A project that provides annual cash flows of $16,900 for eight years costs $75,000 today.
What is the NPV for the project if the required return is 7 percent?
a $29,514.90
b $27,750.59
c $25,914.94
d $25,757.94

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