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What is the net present value of a project with the following cash flows if the discount rate is 15 percent? Year 0 Cash Flow:
What is the net present value of a project with the following cash flows if the discount rate is 15 percent? Year 0 Cash Flow: -$45,000 Year 1 Cash Flow: $11,520 Year 2 Cash Flow: $13,630 Year 3 Cash Flow: $16,470 Year 4 Cash Flow: $18,990 Select one: O a. -$2,989.48 O b. -$2,599.55 O c. $1,153.37 O d. $2,880.08
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