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Consider the project described in the table below. What is the project's net present value? Cost of Capital Rate 12% 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 12%

Time 0 1 2 3 4

Cash Flows ($1,400) $200 $500 $800 $1,000

Select one: a. $382 b. $378 c. $371 d. $352

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