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You are making a $50,000 investment and feel that a 16 percent rate of return is reasonable given the nature of the risks involved. You

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You are making a $50,000 investment and feel that a 16 percent rate of return is reasonable given the nature of the risks involved. You feel you will receive at least $10,000 in the first year, $20,000 in the second year, $40,000 in the third year, and potentially could see a cash inflow of $6,000 in the fourth year. What is the net present value of this investment given your expectations? $3,529.10 $2,424.00 $4,140.04 $5,218.40

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