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Bob's Burgers is considering a project with an initial cost of $8 million that would produce cash flows of $1.5 million the first year, $2

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Bob's Burgers is considering a project with an initial cost of $8 million that would produce cash flows of $1.5 million the first year, $2 million the second, and $2.5 milion per year for the final two years. If the required return is 11.3%, what is the NPV of the project? A. $14.40 million B-$1.60 milion C. $0.50 million D. 50.47 milion

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