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Moates Corporation has provided the following data concerning an investment project that it is considering Initial investment Annual cash flow Expected life of the project

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Moates 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 240,000 $135,000 per year 4 years 13% Click here to view Exhibit 13B.1 and Exhibit 138.2, to determine the appropriate discount factorfs) using the tables provided The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $161,490 $240,000 $(105,000) $(161,490)

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