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Net present value: The Capital Golf Resorts is redoing its golf course at a cost of $2,744,320. It expects to generate cash flows of $1,

Net present value: The Capital Golf Resorts is redoing its golf course at a cost of $2,744,320. It expects to generate cash flows of $1, 223,445, $2,007,812, and $3,147,890 over the next three years. If the appropriate discount rate for the firm is 13 percent, what is the NPV of this project? which is the correct answer? $2,092,432 $4,836,752 $3,112,459 $7,581,072

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