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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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