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A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for 5 years. If

A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for 5 years. If the firms required cost of capital is 10%, the NPV of the project is: a. $5000 b. 6862 c. -5000 d. -6862 e, none of the above

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