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A company has a minimum required rate of return of 9%. It is considering investing in a project that costs $237000 and is expected to

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A company has a minimum required rate of return of 9%. It is considering investing in a project that costs $237000 and is expected to generate cash inflows of $95000 at the end of each year for three years. The net present value of this project is $240445$24045$3445$47500.

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