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Question 5 5 pts Managers of CVS Pharmacy are considering a new project. This project would be a new store in Odessa, Texas. They estimate

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Question 5 5 pts Managers of CVS Pharmacy are considering a new project. This project would be a new store in Odessa, Texas. They estimate the following expected net cash flows if the project is adopted. Year 1: $200,000 Year 2: $500.000 Year 3: $400,000 Year 4: $300,000 Year 5: $200,000 If the project is adopted today, assume an initial capital outlay today of $1,250,000. Suppose that the appropriate discount rate for this project is 8%, compounded annually. Calculate the net present value for this proposed project. O $322,000 O $38,013 O $222.000 0 - $38,013

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