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A company is considering an iron ore extraction project that requires an initial Investment of $520,000 and will yield annual cash inficiws of 152,000 for

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A company is considering an iron ore extraction project that requires an initial Investment of $520,000 and will yield annual cash inficiws of 152,000 for four years The company's discount rate is 9%. What is the NPV of the project? Present value of an ordinary annuity of 51: 8% 9% 10% 0.926 0.917 0.909 1.783 1.759 1.736 3 2577 2.531 2.487 3.312 3.24 3.17 5 3.993 3.89 3.791 6 4.623 4.486 4.355 7 5 206 5.033 4.358 8 5 747 5.535 5.335 1 2. 4 O A $27.520 OB $(27,520) OC. $104.000 OD. $(104,000)

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