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Parker Corporation has provided the following data concerning an investment project that it is considering. The project has an initial investments of $480,000 and annual

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Parker Corporation has provided the following data concerning an investment project that it is considering. The project has an initial investments of $480,000 and annual cash flow of $145,000 per year. The life of the project is 4 years. The company's discount rate is 8%. The net present value of the project is close to: a. $480,000 O b. $240 O c. $100,000 O d. $258

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