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Correl Corportion has provided the following data concerning an investment project that it is considering $190,000 Iniial investment $75,000 per year Annual cash flow 25,000

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Correl Corportion has provided the following data concerning an investment project that it is considering $190,000 Iniial investment $75,000 per year Annual cash flow 25,000 Salvage value at the end of the project The life of the project is 4 years. The company's discount rate is 15% The net present value of the project is Click here to view Exhibit 11B.1 and Exhibit 118-2, to determine the appropriate discount factors) using tables O $38,500 O $228.500 $135.000 O $24.200

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