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A proposed project has an initial cost of $74,000 and is expected to produce cash inflows of $27,700 $48,700, and $40,750 over the next 3

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A proposed project has an initial cost of $74,000 and is expected to produce cash inflows of $27,700 $48,700, and $40,750 over the next 3 years, respectively. What is the net present value of this project at a discount rate of 14.9 percent? O $13,860.05 $11,966.35 o $14,253.03 O $15,136.34

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