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A company is considering an investment that will cost $962,000 and have a useful life of 6 years. The cash flows from the project are

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A company is considering an investment that will cost $962,000 and have a useful life of 6 years. The cash flows from the project are expected to be $565,000 per year in the first two years then $91,000 per year for the last 4 years. If the appropriate discount rate is 17.0 percent per annum, what is the NPV of this investment (to the nearest dollar)? Select one: a. $116007 b. $2040007 c. $159676 d. $183281

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