What is the NPV of a project that costs $100,000 and returns $50,000 annually for 3 years
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Question:
What is the NPV of a project that costs $100,000 and returns $50,000 annually for 3 years if the opportunity cost of capital is 14%?
A.
$13,397.57
B.
$14,473.44
C.
$16,081.60
D.
$33,748.58
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