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An investment costs $ 3 5 0 , 0 0 0 and is expected to generate cash inflows of $ 1 4 0 , 0

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An investment costs $350,000 and is expected to generate cash inflows of $140,000 at the end of each year for three years. Discount rate is 9%. The net present value is:
$354,382.
$70,000.
$4,382.
$35,438.
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