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What is the net present value of a project with the following cash flows if the discount rate is 7 percent? Year 0: $-2800 Year

What is the net present value of a project with the following cash flows if the discount rate is 7 percent?

Year 0: $-2800

Year 1: $900

Year 2: $1200

Year 3: $1500

Year 4: $0

a. $1,315.88

b. $724.67

c. $313.69

d. $601.14

e. $253.01

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