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Roman Knoze is considering the following investment. The project will cost $20,000 initially, and will return $5,000 in year 1,$10,000 in year 2 , and

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Roman Knoze is considering the following investment. The project will cost $20,000 initially, and will return $5,000 in year 1,$10,000 in year 2 , and $15,000 in year 3 . Roman requires a minimum rate of return of 10%. What is the net present value of the project? A. $5,670 B. $2,530 C. $24,070 D. $4,070

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