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Project B requires an initial investment of $$400,000 and is expected to generate the following net cash inflow $70,000, $120,000, $140, 000, $166,000 each year

Project B requires an initial investment of $$400,000 and is expected to generate the following net cash inflow $70,000, $120,000, $140, 000, $166,000 each year for four (4 years) respectively. With a discount rate of 8%.

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