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Hookers and Slicers Inc. is considering making an investment in Project A, which will require an initial cash outlay of $20,000. Project A is expected
Hookers and Slicers Inc. is considering making an investment in Project A, which will require an initial cash outlay of $20,000. Project A is expected to generate cash inflows of $6,000 for year 1, $8,000 for year 2, $10,000 for year 3, and $7,000 for year 4. The firm's hurdle rate is 12%.What is the net present value for Project A? Select one: A. $3,301 B. $4,529 C. $5,786 D. None of the above
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