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Question 9 A San Jose resident is considering purchasing a new car for $50,000 and using it to drive for Uber or Lyft. He projects

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Question 9 A San Jose resident is considering purchasing a new car for $50,000 and using it to drive for Uber or Lyft. He projects the vehicle will provide annual net cash flow over the next five years of $45,000, $50,000, $52,000, 52,000, $48,000. The car's value at the end of five years is $12,000. Assume that the vehicle is sold at the end of year 5. What the NPV of the car if the required rate of return is 5.5%? $172,920 $160,900 $208,000 $169,744 $157,700

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