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What is the net present value if discount rate is applied

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Problem 1: A project has an initial cash outlay of $16,500. Cash inflows are $5,200 in year 1, $6,800 in year 2, and $8,100 in year 3. What is the net present value if an 8.30% discount rate is applied to this project?

Multiple Choice

Option 1: $333.33

Option 2: $466.04

Option 3: $475.88

Reference no: EM132784253

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