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Ma The NPV of a project is $12,500 at a cost of capital of 10%. The project, having a life of seven years, would yield

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The NPV of a project is $12,500 at a cost of capital of 10%. The project, having a life of seven years, would yield net cash inflows of $20,000 per annum following an initial investment. The annuity factor at 10% for seven years is 4.868. What is the initial investment

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