What is the net present value of the project

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Problem - A project that will cost $120,000 is estimated to generate cash flows of $25,000 per year for eight years. What is the net present value of the project, assuming a 10% required rate of return? (Use the present value tables in this chapter.)

A. $11,675

B. $13,375

C. $75,000

D. $95,000

Reference no: EM132706917

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