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A firm has an opportunity to invest $110,000 today that will yield $126,500 in one year. If interest rates are 4% , what is the
A firm has an opportunity to invest
$110,000
today that will yield
$126,500
in one year. If interest rates are
4%
, what is the net present value (NPV) of this investment?\ A.
$16,500
\ B.
$11,635
\ C.
$12,798
\ D.
$18,615
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