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Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 410,000 Annual cash flow $ 117,000 per
Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 410,000 Annual cash flow $ 117,000 per year Expected life of the project 4 years Discount rate 9 % The net present value of the project is closest to:
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