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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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