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An investment project has the following cash flows: Year Cash Flow 0 -$100 1 $20 2 $50 3 $70 What is the projects Net Present
An investment project has the following cash flows:
| Year | Cash Flow |
| 0 | -$100 |
| 1 | $20 |
| 2 | $50 |
| 3 | $70 |
What is the projects Net Present Value (NPV)? Assume that the firms required rate of return on projects in this risk class is 12%.
| $40 |
| $7.54 |
| $44.20 |
| $20 |
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