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3 Consider an investment that costs $8,500 and has the following cash flows for 4 years. The required return is 9 percent. What is the
3 Consider an investment that costs $8,500 and has the following cash flows for 4 years. The required return is 9 percent. What is the NPV of the project? Round to the nearest penny. Year Cash Flows 1234 2,100 3,500 7,400 890 K N
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