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Haroldson Corporation is considering a capital budgeting project that would require an initial investment of $250,000. The investment would generate annual cash inflows of

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Haroldson Corporation is considering a capital budgeting project that would require an initial investment of $250,000. The investment would generate annual cash inflows of $133,000 for the life of the project, which is 4 years. At the end of the project, equipment that had been used in the project could be sold for $32,000. The company's discount rate is 14%. The net present value of the project is closest to (use one or both of the present value tables in your Formula Sheets): $156,506 $314,000 $169,562 $137,562

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