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What is the net present value of a project that has an initial cost of $42,700 and produces cash inflows of $9,250 a year for

What is the net present value of a project that has an initial cost of $42,700 and produces cash inflows of $9,250 a year for 9 years if the discount rate is 14.65%?

a. $798.48

b. $1,240.23

c. $1,992.43

d. $2,111.41

e. $2,470.01

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