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QUESTION 2 A proposed project has an initial cost of $70,000 and is expected to produce cash inflows of $31,700, $50,300, and $42.750 over the
QUESTION 2 A proposed project has an initial cost of $70,000 and is expected to produce cash inflows of $31,700, $50,300, and $42.750 over the next 3 years, respectively. What is the net present value of this project at a discount rate of 15.7 percent? $22,968.33 O $20,681.65 $23.851.64 O $22,575.35
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
