Current Attempt in Progress * Your answer is incorrect. Blossomrecently invested in a project with...
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Current Attempt in Progress * Your answer is incorrect. Blossomrecently invested in a project with a 3-year life span. The net present value was $10400 and annual cash inflows were $35000 for year 1: $37000 for year 2: and $39000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was Present Value Year of 1 at 15% 0.870 0.756 0.658 PV of an Annuity of 1 at 15% 0.870 1.626 2.283 O $69746. $86170 O $62638. O $73684 Next Which of the following will increase the net present value of a project? O A decrease in annual cash inflows. O A decrease in the discount rate. O An increase in the initial investment. O An increase in the discount rate. e Textbook and Media
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