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A company has a minimum required rate of return of 9% and is considering investing in a project that costs $160,000 and is expected to

A company has a minimum required rate of return of 9% and is considering investing in a project that costs $160,000 and is expected to generate net cash flows of $48,000 at the end of each year for four years. The net present value of this project is

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$14,816

$32,000

$4,493

$26,703

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