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A new project has an initial cost of $100,000 and cash flows of $110,000, $175,000, and $305,000 for Years 1 to 3, respectively. What is
A new project has an initial cost of $100,000 and cash flows of $110,000, $175,000, and $305,000 for Years 1 to 3, respectively. What is the NPV of this project if the discount rate is 13.5 percent?
Multiple Choice
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$386,421
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$341,361
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$309,198
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$339,327
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$324,263
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