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Fezziwig Corporation has provided the following data concerning an investment project that it is considering. Given the data below, tThe net present value of the

Fezziwig Corporation has provided the following data concerning an investment project that it is considering. Given the data below, tThe net present value of the project is closest to:

Initial Investment $360,000
Annual Cash Inflows $118,000
Expected life 4 years
Discount rate 12%

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