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What is the net present value of a replacement project whose cash flows are - $742,000; $535,000; $727,000; and $157,000 for years 0 through 3,

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What is the net present value of a replacement project whose cash flows are - $742,000; $535,000; $727,000; and $157,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 15.1% p.a. (round to the nearest dollar) Select one: O a. $457399 O b. $228057 O c. $1858536 d. $374536

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