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Suppose you are examining a potential project that has a life of 4 years. Each year of the project is expected to generate a NCF

  1. Suppose you are examining a potential project that has a life of 4 years. Each year of the project is expected to generate a NCF of $16,700. You have calculated the IRR to be 6.9%. If the cost of capital (k) of the project is 7.3%, what is the NPV of this project?

    1. $-509

    2. $287

    3. $-10,106

    4. $22,232

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