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A company can purchase a piece of equipment for $5,130. The equipment has a three-year life and will produce cash inflows of $1,650 in each

A company can purchase a piece of equipment for $5,130. The equipment has a three-year life and will produce cash inflows of $1,650 in each of the first and second years and $3,770 in the third year. Assuming a required return of 16.25%, what is the project's NPV today? options: -$87.72 -$89.96 -$92.21 -$94.46 -$96.71

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