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A Project Has an Initial Cash Outflow of $42,600 and Produces

Question 58

Multiple Choice

A project has an initial cash outflow of $42,600 and produces cash inflows of $17,680, $19,920, and $15,670 for Years 1 through 3, respectively. What is the NPV at a discount rate of 12 percent?


A) $186.95
B) -$108.19
C) $219.41
D) $229.09
E) $311.16

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