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What is the net present value of a project with the following cash flows if the discount rate is 9 percent? (Numbers in parentheses are
What is the net present value of a project with the following cash flows if the discount rate is 9 percent? (Numbers in parentheses are negative.) Year 0: ($4,400) Year 1: $1,350 Year 2: $2,100 Year 3: $3,500 Year 4: $0 A. $1,308.70 B. $5,708.70 C. $4,069.25 D. $1,473.38 E. $2,550.00
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