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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, 550,300, and $42,750 over the

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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, 550,300, and $42,750 over the next 3 years, respectively. What is the net present value of this project at a discount rate of 157 percent? $22,968.33 $20,681.65 $23,851.64 $22.575.35

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