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A project has an initial investment of $25,000, with $6,500 annual inflows for each of the subsequent 5 years. If the required return is 12%,

A project has an initial investment of $25,000, with $6,500 annual inflows for each of the subsequent 5 years. If the required return is 12%, what is the NPV?

-$6,500.00

-$2,447.02

-$1,568.95

$215.46

$1,763.81

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