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Exxon Mobil Co. is evaluating a project with initial investment (at year 0) of $49,000 that is expected to produce annual profits of $16,000 for

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Exxon Mobil Co. is evaluating a project with initial investment (at year 0) of $49,000 that is expected to produce annual profits of $16,000 for 4 years, starting at year 1. One year after the project ends, there will be an environmental clean-up cost of $25,000 (at year 5). If Exxon Mobil Co's cost of capital is 12.00%, what is the net present value (NPV) of this project? O $-14,588.08 O $-402.41 O $-25,402.41 O $-10,000.00

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