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For the next three years, a project is expected to generate $ 1 8 , 0 0 0 a year in cash expenses and $

For the next three years, a project is expected to generate $18,000 a year in cash expenses and $57,000 a year in cash revenues (nominal dollars). Revenues of $7,000 per year are expected to be lost from a preexisting project, but there will be cash expense savings from that old project of $3,500 per year. If the nominal interest rate is 12.8 percent and inflation is 2.3 percent, what is the NPV of the projects free cash flows?
Select answer from the options below
$35,500
$135,044
$84,106
$106,500

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