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TB MC Qu. 24-72 (Algo) A project requires a... A project requires a $40,000 initial investment and is expected to generate end-of-period annual cash inflows
TB MC Qu. 24-72 (Algo) A project requires a... A project requires a $40,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Assuming a discount rate of 11%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below: Multiple Choice $(7,233) $32,767
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