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What is the benefit-cost ratio for an investment with the following cash flows at a 10 percent required return? Year Cash Flow 0 $(38,000) 1

What is the benefit-cost ratio for an investment with the following cash flows at a 10 percent required return?

Year Cash Flow

0 $(38,000)

1 $ 12,200

2 $ 35,000

3 $ 11,300

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