Question: answer Question 1 3 pts A capital budgeting project has a cost of capital of 12%, an initial outlay of $80,000, and is expected to
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Question 1 3 pts A capital budgeting project has a cost of capital of 12%, an initial outlay of $80,000, and is expected to generate free cash flows of $35,000 at the end of each of the next three years. What is the project's net present value? $4,064 $25,000 $84,064 O $164,064
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