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one question please answer quickly 28. A proposed project requires an initial cash outlay of $49,000 for equipment and an additional cash outlay of $18,700

one question please answer quickly
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28. A proposed project requires an initial cash outlay of $49,000 for equipment and an additional cash outlay of $18,700 in Year 1 to cover operating costs. During Years 2 through 4, the project will generate cash inflows of $42,500 a year. What is the net present value of this project at a discount rate of 11.6 percent? A. $26,343.72 B. $36,391.08 C. $45,810.33 D. $54,399.99 E. $63,602.18 Page 7

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