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40. An investment of $100,000 promises returns of $40,000 per year for each of the next three years. If taxes are ignored and the required
40. An investment of $100,000 promises returns of $40,000 per year for each of the next three years. If taxes are ignored and the required rate of return is 14%, what is the net present value of the project? (Points : 5) $92,864 $20,000 ($7,136) ($19,000)
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