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What is the net present value of a project that has an initial cost of $76,000 and produces cash inflows of $22,000 a year for

What is the net present value of a project that has an initial cost of $76,000 and produces cash inflows of $22,000 a year for 9 years if the discount rate is 16 percent? a. $16,861.21 b. $19,559.00 c. $21,848.25 d. $25,343.97 e. $28,120.16

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