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Question 34 1 pts A project requires a $34,000 initial investment and is expected to generate end-of-period annual cash inflows of $15,500 for each of
Question 34 1 pts A project requires a $34,000 initial investment and is expected to generate end-of-period annual cash inflows of $15,500 for each of three years. Assuming a discount rate of 15%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below: i = 15% i = 15% i = 15% n = 1 n = 2 n = 3 0.8696 0.7561 0.6575 $1,390 $0 $2,759 $35,390 $(13,272)
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