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What is the net present value of a project with the following cash flows and a required return of 15 percent? Year Cash Flow 0

What is the net present value of a project with the following cash flows and a required return of 15 percent?

Year Cash Flow
0 $49,400
1 18,600
2 39,530
3 4,900

a. -$4,012.64

b. $369.38

c. $-369.38

d. -$113.90

e. $113.90

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