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Multiple Choice Question 76 Novak recently invested in a project with a 3-year life span. The net present value was $10000 and annual cash inflows
Multiple Choice Question 76 Novak recently invested in a project with a 3-year life span. The net present value was $10000 and annual cash inflows were $37000 for year 1; $39000 for year 2; and $41000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was Year Present Value of 1 at 15% 0.870 0.756 PV of an Annuity of 1 at 15% 0.870 1.625 2.283 2 0.658 $90990 $73462. $77852 $66186 O Click If you would like to show Work for this questioni Open Show Work Question Attempts: 0 of 1 used SUBMIT ANSWER Evaluation 22 MacBook Air
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