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A project promises a 12% annual return, but requires a $2,566.70 initial investment. The cash flows are expected to be as follows: What is the

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A project promises a 12% annual return, but requires a $2,566.70 initial investment. The cash flows are expected to be as follows: What is the NPV of the cash flows? $1,187 $1,267 $0.00 $2,567 $2,875

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