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Jin has invested $1,800 in a project and expects to receive $2,200 in exactly one year. The net present value of this investment, at Jin'

Jin has invested $1,800 in a project and expects to receive $2,200 in exactly one year. The net present value of this investment, at Jin' s required rate of return of 6% per year effective, is equal to: Possible Answers A $275.47 B $292.00 C $400.00 D $532.00 E $3,875.47

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