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Consider the project described in the table below. What is the project's net present value? Cost of Capital Rate 5% Time 0 1 2 3
Consider the project described in the table below. What is the project's net present value?
Cost of Capital Rate 5%
Time 0 1 2 3 4
Cash Flows ($5,000) $500 $1,000 $2,000 $3,000
Select one: a. $567 b. $550 c. $579 d. $614
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