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You are considering a project that will cost you $60,000 today and is projected to earn $5,000 next year, with the inflows growing at a

You are considering a project that will cost you $60,000 today and is projected to earn $5,000 next year, with the inflows growing at a 2% annual rate in perpetuity thereafter. If your cost of capital is 7%, what is the NPV of this project? a) -$10,000 b) $2,500 c) $40,000 d) $65,000 e) $190,000

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