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Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 784 and Exhibit 78-2, to determine

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Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 784 and Exhibit 78-2, to determine the appropriate discount factor(s) using the tables provided. If the company's discount rate is 12%, then the net present value for this investment is closest to: Multiple Choice $231,600 $(131,600) $(231600) $(51,350)=

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