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Business, 30.04.2021 18:00 maddie7417
Moates Corporation has provided the following data concerning an investment project that it is considering:Initial investment $ 400,000Annual cash flow $ 130,000 per yearExpected life of the project 4 yearsDiscount rate 9 %Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:
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