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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 year

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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 year life. What is the net present value of this project if the company's required rate of return is 15% ? $0 $110,622 $149,422 $174,522 $195,022

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