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Moates Corporation has provided the following data concerning an investment project that it is considering:...

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Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Expected life of the project Discount rate $390,000 $136, 000 per year years 9% Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $(50,504) $50,504 $390,000 $(254,000)

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