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. What is the net present value of a project with the following cash flows if the discount rate is 15 percent? Year 0 1

. What is the net present value of a project with the following cash flows if the discount rate is 15 percent?

Year 0 1 2 3
Cash Flow -$39,400 $12,800 $21,700

$18,100

a. $39.80

b. $42.97

c. $44.16

d. $48.21

e. $48.30

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