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A project requires an investment of 50000 now (t=0). It will provide returns of X at the end of each of years 3 to 10.

A project requires an investment of 50000 now (t=0). It will provide returns of X at the end of each of years 3 to 10. The effective annual interest rate is 10%. The net present value of this project is 2500. Find X. A. 12100 B. 11900 C. 11500 D. 11300 E. 11700

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