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What is the net present value of a replacement project whose cash flows are -$716,000; $493,000; $710,000; and $102,000 for years 0 through 3, respectively?

What is the net present value of a replacement project whose cash flows are -$716,000; $493,000; $710,000; and $102,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 13.0% p.a. (round to the nearest dollar) Select one: a. $347008 b. $1779008 c. $224715 d. $419293

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