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The ABC Resort is redoing its golf course at a cost of $760,000. It expects to generate cash flows of $524,000, $650,000 and $143,000 over

The ABC Resort is redoing its golf course at a cost of $760,000. It expects to generate cash flows of $524,000, $650,000 and $143,000 over the next three years. If the appropriate discount rate for the company is 16.9 percent, what is the NPV of this project (to the nearest dollar)?

a. $253407

b. $1773407

c. $106901

d. $333791

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