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What is the NPV of a project that requires a $100,000 investment at inception and generates $50,000 a year for years 1 through 3? Assume
What is the NPV of a project that requires a $100,000 investment at inception and generates $50,000 a year for years 1 through 3? Assume a required rate of return of 10%.
A. $24,343
B. $50,000
C. $22,130
D. $37,565
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