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For a project with an initial investment of $40,000 and cash inflows of $11,000 a year for five years calculate NPV given a required return

For a project with an initial investment of $40,000 and cash inflows of $11,000 a year for five years calculate NPV given a required return of 11.65% Select one: a. -$1,205 b. -$1,103 $1,218 d. $567 e $1.23

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