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47. A company is considering investing in a project that is expected to return $350,000 four years from now. How much is the company willing

47. A company is considering investing in a project that is expected to return $350,000 four years from now. How much is the company willing to pay for this investment if the company requires a 12% return?

a. $55,606

b. $137,681

c. $222,425

d. $265,764

e. $350,000

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