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 an 11% required rate of return?

a. $(38,214)

b. $8,653

c. $55,180

d. $75,000

Reference no: EM132767682

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