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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

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? A) -$6,500.00 B) -$2,447.02 C) $1,568.95 D) $215.46 E) $1,763.81

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