Assume a present value of equity of $1,716,969; an initial cash outlay of $1,600,000; available financing of
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Question:
Assume a present value of equity of $1,716,969; an initial cash outlay of $1,600,000; available financing of $10,240,000, and improvement costs of $3,840,000. What is the net present value of this investment?
1)$11,956,969
2)$116,969
3)$6,400,000
4)$14,196,969
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