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The Chicago Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $400,000. The Chicago Company

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The Chicago Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $400,000. The Chicago Company expects cash inflows from this project as detailed below: Year 1 Year 2 Year 3 Year 4 $200,000 $225,000 $275,000 $200,000 The appropriate discount rate for this project is 10%. The net present value (NPV) for this project is closest to Select one: A. $515,661 B. $239,213 C. $144,385 D. $310,983

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