Question: 23 . MCQ , , , Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 390,
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Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 390, 000 Annual cash flow $ 136,000 per year Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice O $(50,504) O $390,000 O $50,504 O $(254,000)
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