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Business, 07.12.2019 00:31 jcastronakaya

Aproposed project requires an initial cash outlay of $25,000 for equipment and an additional cash outlay of $8,000 in year 1 to cover operating costs. during years 2 through 4, the project will generate cash inflows of $16,000 a year. what is the net present value of this project at a discount rate of 9 percent? multiple choice $4,864.53 $3,948.34 $4,238.78 $2,873.44 $4,817.17

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