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What is the net present value of a project that has an initial cost of $46,000 and produces cash inflows of $9,500 a year for

What is the net present value of a project that has an initial cost of $46,000 and produces cash inflows of $9,500 a year for 9 years if the discount rate is 10.5 percent? Multiple Choice $4,678.09 $6,500.00 $6,123.07 $7,640.08 $8,712.03

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