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Sally Mander has calculated the following capital budget for a proposed asset using a 14% required rate of return. initial investment 120 year one cash

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Sally Mander has calculated the following capital budget for a proposed asset using a 14% required rate of return. initial investment 120 year one cash flow 45 year two cash flow 45 year three cash flow 45 -year four cash flow 58 What is the net present value (NPV)? $13,911 O $18,826 O $15,911 $21,799

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