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Use the following table, Constable Company has a minimum required rate of return of 8%. It is considering investing in a project which costs $170,000

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Use the following table, Constable Company has a minimum required rate of return of 8%. It is considering investing in a project which costs $170,000 and is expected to generate cash inflows of $100,000 at the end of each year for two years. The net present value of this project is $8,300.$178,300$30,000$3.720

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