t33 Moates Corporation has provided the following data concerning an investment project that...

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Accounting

t33

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

Initial investment $ 220,000
Annual cash flow $ 129,000 per year
Expected life of the project 4 years
Discount rate 9 %

The net present value of the project is closest to:

Multiple Choice

  • $197,831

  • $220,000

  • $(91,000)

  • $(197,831)

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