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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
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 $380,000 $124,000 per year 4 years 10% Click here to view Exhibit 7.1 and Exhibit 7B 2. to determine the appropriate discount factor(s) 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 $12.956 $380,000 $(256,000) $(12,956)
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