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asap plz A project requires a $38,000 initial investment and is expected to generate end-of-period annual cash inflows of $17,000 for each of three years.
asap plz 
A project requires a $38,000 initial investment and is expected to generate end-of-period annual cash inflows of $17,000 for each of three years. Assuming a discount rate of 11%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below: Multiple Choice so $7,070 3(11,424) Step by Step Solution
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
