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Assuming a 15% annual discount rate, what is the net present value of the following cash flows: Year 1: $450,560 Year 2: $15,653 Year 3:

Assuming a 15% annual discount rate, what is the net present value of the following cash flows: Year 1: $450,560 Year 2: $15,653 Year 3: $10,966 Year 4: -$1,450

A.

$415,110

B.

$410,009

C.

$402,110

D.

$400,010

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