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If you were to pay $1,000 for an art appreciation course that is expected to give you $200 per year in enjoyable benefits for 30
If you were to pay $1,000 for an art appreciation course that is expected to give you $200 per year in enjoyable benefits for 30 years and your opportunity cost of capital is 10 percent, what is the NPV of the art appreciation class?
a. $1,885
b. $618
c. -$382
d. $1,000
e. $885
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