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Consider a project will free cash flows in one year of either $150,000 or $180,000, with either outcome being equally likely. The initial investment for

Consider a project will free cash flows in one year of either $150,000 or $180,000, with either outcome being equally likely. The initial investment for this project is $100,000, and the project's cost of capital is 18%. What is the net present value of this project?

A. $40,987.54 B. $0 C. $165,000 D. $29,167.67 E. $38,830.51

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