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The Garcia Company is considering a project that has the following cash flow: t = 0 has -$1,300, and the next three years from t

The Garcia Company is considering a project that has the following cash flow: t = 0 has -$1,300, and the next three years from t = 1 through t = 3 have cash inflows of $650 each year. What is the project's NPV using a 9.7% discount rate?

$284.80

$288.55

$305.34

$325.03

$343.87

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