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Polk Products is considering an investment project requiring a net investment of $ 4 5 , 0 0 0 and providing the following end of

Polk Products is considering an investment project requiring a net investment of $45,000 and
providing the following end of year net cash flows:
Project
Year Cash Flow
180,000
290,000
340,000
The company has a 10 percent cost of capital. What is the projects net present value?
A. $132,160
B. $140,000
C. $113,978
D. $158,978

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