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An investment that costs $33,000 will produce annual cash flows of $11,020 for a period of 4 years. Given a desired rate of return of
An investment that costs $33,000 will produce annual cash flows of $11,020 for a period of 4 years. Given a desired rate of return of 9%, what will the investment generate? (PV.of.51 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to the nearest whole dollar) Multiple Choice A negative net present value of $2.702 A positive net present value of $35,702 A negative net present value of $35,702 A positive net present value of $2.702 B
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