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An investment of $ 9 5 generates after - tax cash flows of $ 3 0 in Year 1 , $ 6 0 in Year

An investment of $95 generates after-tax cash flows of $30 in Year 1,$60 in Year 2, and $130 in Year 3. The required rate of return is 20 percent. The net present value is closest to
$76.90.
$48.10.
$83.10.
$46.90.
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