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What is the net present value of a project that has an initial cost of $40,000 and produces cash inflows of $8,500 a year for

What is the net present value of a project that has an initial cost of $40,000 and produces cash inflows of $8,500 a year for 10 years if the discount rate is 12.68 percent?

a. $6,500.00

b. $6,123.07

c. $7,189.34

d. $6,719.02

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