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What is the NPV of a(n) 8-year project with equal annual cash flows if the IRR is 13.3% and the initial cost is $360,000? Assume
What is the NPV of a(n) 8-year project with equal annual cash flows if the IRR is 13.3% and the initial cost is $360,000? Assume that the discount rate is 9.5%.
a.$83,040
b.$43,173
c.$51,807
d.-$45,290
e.$237,631
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