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Consider a project with the following cash flows: Year Cash Flow 0 -12,000 1 3000 2 3000 3 3000 4 3000 If the appropriate discount
Consider a project with the following cash flows:
Year Cash Flow
0 -12,000
1 3000
2 3000
3 3000
4 3000
If the appropriate discount rate for this project is 13%, then the net present value (NPV) is closest to
A.) $24,000
B.)-$1846
C.) -$3077
D.) -$2154
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