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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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