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A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years. Compute
A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years. Compute the net present value of the project at 10 percent.
A. $1,637
B. $1,689
C. $2,637
D. $3,637
E. $1,900
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International Finance
Authors: Maurice D. Levi
4th Edition
