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A firm is considering an investment project with the following cash flows: Year 0 = - $ 1 0 0 , 0 0 0 (

A firm is considering an investment project with the
following cash flows: Year 0=-$100,000(initial
costs); Year 1=$40,000; Year 2=$90,000; and Year 3
=$30,000. The company has a 10% cost of capital.
What is the project's net present value (NPV)?
$33,283
$67,476
$74,264
$78,496
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