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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 $280,000 $128,000 per year 4 years 94 Click here to view Exhibit 128-1 and Exhibit 12B-2. to determine the appropriate discount factors) using the tables provided The net present value of the project is closest to: Multiple Choice $134,592 $280,000 Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: Multiple Choice $134,592 $280,000 $(152,000) $(134,592)

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