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A firm is considering a capital project that will produce annual net cash inflows of $12,500 for the next 8 years. The firm uses a

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A firm is considering a capital project that will produce annual net cash inflows of $12,500 for the next 8 years. The firm uses a target rate of 12% to evaluate its project. Calculate the net present value of the cash inflows. $40,400 $100,000. $62,100 $5,050

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