Determine the net present value of the project

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Question - Puello Corporation has provided the following data concerning an investment project that it is considering:

Initial investment $480,000

Annual cash flow $145,000per year

The life of the project is 4 years. The company's discount rate is 8%. The net present value of the project is closest to:

$480,000

$480,240

$100,000

$240

Reference no: EM131730211

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