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What Is the Maximum That Should Be Invested in a Project

Question 65

Multiple Choice

What is the maximum that should be invested in a project at time zero if the inflows are estimated at $40,000 annually for three years, and the cost of capital is 9 percent?


A) $101,251.79
B) $109,200.00
C) $117,871.97
D) $130,800.00

Correct Answer:

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