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Stone inc is evaluating a project with an initial cost of

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Stone Inc. is evaluating a project with an initial cost of $8,450. Cash inflows are expected to be $1,000, $1,000 and $10,000 in the three years over which the project will produce cash flows. If the discount rate is 13%, what is the net present value of the project? A) less than $0 B) between $0 and $400 C) between $400 and $800 D) more than $800

Reference no: EM13482862

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