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You are presented with the following investment opportunity. Assume the interest rate is 8%. What is the NPV? Select one. I. $427.98 II. $1450 III.

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You are presented with the following investment opportunity. Assume the interest rate is 8%. What is the NPV? Select one. I. $427.98 II. $1450 III. $1428.98 IV. $880.89

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