NPV
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10. A project has an initial investment of $25,000, with $6,500 annual inflows for each of the subsequent 5 years. If the required return is 12%, what is the NPV?
a. -$6,500.00
b. -$2,447.02
c. -$1,568.95
d. $ 215.46
e. $1,763.81
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