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M Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Expected life of the project
M Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Expected life of the project Discount rate $250,000 $ 138,000 per year 4 years 11% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: Multiple Choice $250,000 T0 0 0 $178,214 $(178.214)
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