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Fraggle Rock Corp. has a project with a cost of $525,500, and annual cash inflows of $156,000 each year. This project has an eight

Fraggle Rock Corp. has a project with a cost of $525,500, and annual cash inflows of $156,000 each year. This project has an eight year life. What is the net present value of this project if the company's required rate of return is 15%? A $0 B $110,622 C $149,422 D $174,522 E $195,022

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