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taples Inc. is considering a project that has the following cash flows: Year Cash Flow 1 $2,000 2 3,000 3 3,000 4 1,500 The project
taples Inc. is considering a project that has the following cash flows:
Year
Cash Flow
1
$2,000
2
3,000
3
3,000
4
1,500
The project has a payback of 2.5 years, and the firm's cost of capital is 12%. What is the project's NPV?
a.$577.68
b.$1,049.80
c.$765.91
d.$2,761.32
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