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A project is expected to produce cash inflows of $5,000 for seven years. What is the maximum amount that can be spent on costs to

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A project is expected to produce cash inflows of $5,000 for seven years. What is the maximum amount that can be spent on costs to initiate this project and still consider the project as acceptable, given an 11% discount rate? Select one: a. $15,884.15 b. $23,340.13 c. $25,900.63 d. $23,560.98 e. $26,984,02

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