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Business, 24.04.2020 16:58 annacurry2019

Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment$190,000 Annual cash flow $120,000per year Expected life of the project 4years Discount rate 9% Click here to view Exhibit 7B-1 and Exhibit 7B-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 $198,680 $190,000 $(70,000) $(198,680)

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