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Project S costs $16,000 and is expected to produce cash flows of $5,000 per year...

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Finance

Project S costs $16,000 and is expected to produce cash flows of $5,000 per year for 6 years. What is the NPV for this project is the cost capital is 21%?

A) $157.65

B) -$110.23

C) $199.36

D) $223.08

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