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(Ignore income taxes in this problem.) Chee Corporation has gathered the following data on a proposed investment project: The company uses straight-line depreciation. Assume cash

(Ignore income taxes in this problem.) Chee Corporation has gathered the following data on a proposed investment project: The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment. The net present value on this investment is closest to: $160,000 $240,024 $58,800 $26,750

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