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A project has an initial cost of $42,600 and cash inflows of $11,800 a year for 4 years. What is the NPV if the required
A project has an initial cost of $42,600 and cash inflows of $11,800 a year for 4 years. What is the NPV if the required return is 11 percent?
A. -$5991.14
B. -$2,868.22
C. $411.15
D. $1,008.18
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