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42
Carland, Inc., has a project available with the following cash flows. If the required return for the project is 8.8 percent, what is the project's NPV?
Year
Cash Flow
0
-$267,000
1
77,100
2
100,300
3
122,300
4
74,500
5
-12,900
Multiple Choice
$23,821.74
$45,183.20
$36,721.74