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Question
Southeast Compositions, Inc. is considering a project with the following cash flows:Initial Outlay = $126,000
| Cash Flows: | Year 1 = $44,000 |
| Year 2 = $59,000 | |
| Year 3 = $64,000 |
Compute the net present value of this project if the company's discount rate is 14%.
A) $1,193
B) $561
C) $209
D) $715
Answer
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