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A project requires a $45,000 initial investment and is expected to generate end-ofperiod annual cash inflows as follows: Assuming a discount rate of 11%, what

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A project requires a $45,000 initial investment and is expected to generate end-ofperiod annual cash inflows as follows: Assuming a discount rate of 11%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below. Multiple Choice $0 $5,907 $(12,634) $50,907 $(1,613)

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