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A project requires an initial investment of $580,000 and will return $140,000 each year for six years. Factors for a 10% rate for six years

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A project requires an initial investment of $580,000 and will return $140,000 each year for six years. Factors for a 10% rate for six years are shown below: Assuming the company's required rate of return is 10%, what is the project's net present value (rounded to the nearest dollar)? $114,803 $29,742 $109,742 $259,742

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