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A capital investment project requires an investment of 100,000 and has an expected life of four years. Annual cash flows, which occur evenly throughout 5
A capital investment project requires an investment of 100,000 and has an expected life of four years. Annual cash flows, which occur evenly throughout 5 years amount to 45,000 per annum. The net present value of the project using a 12 percent discount rate is
Select one:
a. 33,732
b. 68,162
c. 62,225
d. 98,980
e. 28,162
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