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What is the net present value of a project with the following cash flows if the discount rate is 12 percent? Year Cash flow 0

What is the net present value of a project with the following cash flows if the discount rate is 12 percent?

Year

Cash flow

0

-$27,500

1

14,800

2

19,400

3

7,200

a. $7,304.66

b. $5,304.66

c. $4,304.66

d. $6,304.66

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