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Respass Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Salvage value at the end

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Respass Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Salvage value at the end of the project Expected life of the project Discount rate $160,000 $ 54,000 per year $ 11,000 4 years 15% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: Multiple Choice $67,000 O $(5,776) O $516 O $160,516

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