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An initial investment of $1,800 today provides cash inflows of $1,000 to be received at the end of each of the next 2 years. Assuming
An initial investment of $1,800 today provides cash inflows of $1,000 to be received at the end of each of the next 2 years. Assuming an annual discount rate of 5 percent, the net present value is A) less than $50 B) more than $50 but less than $100 C) more than $100 but less than $150 O D) more than $150 but less than $200 E) more than $200
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