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Cromwell Industries is considering a new project which will have costs, revenues, etc. as shown by the data above. If the cost of capital is
Cromwell Industries is considering a new project which will have costs, revenues, etc. as shown by the data above. If the cost of capital is 8.5%, what is the net present value (NPV) of this project?
A. -$258,750.00
B. -$153,046.63
C. $195,972.79
D. $201,324.52
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