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A given project requires a $28.000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $12,000 Year 2 $13,000 Year

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A given project requires a $28.000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $12,000 Year 2 $13,000 Year 3 $12,000 Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below. i - 108 - 1 .9091 - 108 - 2 .8264 i - 108 - 3 .7513 Multiple Choice O $0.00 0 $2,668.00

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