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investment B is more desirable than Investment A. The constrained resource is the limited funds available for investment. 11-46 Cornell Co. is considering a project

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investment B is more desirable than Investment A. The constrained resource is the limited funds available for investment. 11-46 Cornell Co. is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 per year for 9 years. Cornell's discount rate is 12%, what is the NPV of the project? A. $551,375 B. $528,500 C. $177,750 D. $69,500 11-47 Simple Rate of Return Method DOLL

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