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What is the NPV of a project that requires an initial investment of 23 and positive cash flows from years 1 through 3 of 5,

What is the NPV of a project that requires an initial investment of 23 and positive cash flows from years 1 through 3 of 5, 10, and 25? Assume a discount rate of 5%.

a.11.8

b.13.6

c.14.4

d.15.9

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