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An investment that costs $39,000 will produce annual cash flows of $13,060 for a period of 4 years. Given a desired rate of return of
An investment that costs $39,000 will produce annual cash flows of $13,060 for a period of 4 years. Given a desired rate of return of 7%, what will the investment generate? (PV of $1 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 positive net present value of $44,237. o A positive net present value of $5,237. o A negative net present value of $44,237. o o A negative net present value of $5,237
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