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You are considering investing in a project that requires an initial investment of $ 1 0 , 0 0 0 . The project is expected

You are considering investing in a project that requires an initial investment of $

10, 000 .

The project is expected to generate cash flows of $

3, 000

per year for the next

3

years. Using a compound interest rate of

10 %,

you perform a discounted cash flow analysis. Which of the following is the correct?

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