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02-06-2023
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The Alhassan Mumuni Corporation is starting a project that costs $21,000,000 and will provide incremental after tax cash flows of $7,000,000 each year for the next five years. Given a required return of 18 percent, what is the net present value of this project? a. $890,197 b. $905,888 c. $777,713 d. -$62,371 e. $1,213,909

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