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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?
Select one:
A. $186.95
B. –$108.19
C. $219.41
D. $229.09
E. $311.16

Sagot :

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