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Odotta Corporation is considering an investment of $506.000 in a land development project. The investment will yield cash inflows of $210,000 per year for five

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Odotta Corporation is considering an investment of $506.000 in a land development project. The investment will yield cash inflows of $210,000 per year for five years. The company uses a discount rate of 9%. What is the not present value of the investment? Present value of an ordinary annuly of 51 84 9% 10% 0.926 0.917 0.909 2 1 783 1.754 1736 2.577 2.531 2487 4 3312 3.24 317 5 3701 1 3 O A $333 960 OB $310.900 OC. $232,760 OD 5210,000

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