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Consider a project that has an initial outlay of $1,200. The firm's cost of capital is 7%. The expected cash flows are Year 1=$550 Year

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Consider a project that has an initial outlay of $1,200. The firm's cost of capital is 7%. The expected cash flows are Year 1=$550 Year 2=$560 Year 3=$790 What is the net present value for the project? A. $356.35 B. $448.02 C $480.00 D. $200.15 L $191.06

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