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A project has an initial outflow of $10,000. The project will generate free cash flows of $8,000 per year for two years. The discount rate

A project has an initial outflow of $10,000. The project will generate free cash flows of $8,000 per year for two years. The discount rate is 8%. What is this projects net present value (NPV)?

a. $4,250

b. $6,000

c.$4,264

d.$16,000

e. $8,000

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