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Chee Corporation Has Gathered the Following Data on a Proposed

Question 21

Multiple Choice

Chee Corporation has gathered the following data on a proposed investment project: Chee Corporation has gathered the following data on a proposed investment project: The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment. The net present value on this investment is closest to: A) $160,000 B) $240,024 C) $58,800 D) $26,750 The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment. The net present value on this investment is closest to:


A) $160,000
B) $240,024
C) $58,800
D) $26,750

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