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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 $410,000 $117,000 per year 2 9% Click here to view Exhibit 138-1 and Exhibit 13B-2, to determine the appropriate discount factorts) using the tables provi The net present value of the project is closest to: Multiple Choice $58.000 31.037) Prey 20, loll! Next >

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