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Question 8 10 pts (Ignore income taxes in this problem.) The discount rate is 3%. Your Corporation is considering an investment project that will

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Question 8 10 pts (Ignore income taxes in this problem.) The discount rate is 3%. Your Corporation is considering an investment project that will require an initial investment of $15,000 and will generate the following net cash inflows in each of the three years of the project: Cash Year 1 Year 3 Year 5 inflows.......$6,000 $8,000 $7,000 Cash outflows......... $0 $0 $4,500 What is the net present value for this project? $496 $482 $433 $304 $179 MAR 21

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