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An initial investment today of $350,000 provides a net cash inflow of $400,000 on year from today. Assuming the discount rate is ten percent, the net present value of the investment is _____. less than $10,000 greater than $10,000 but less than $15,000 greater than $15,000 but less than $20,000 greater than $20,000 none of the above

An initial investment today of $350,000 provides a net cash inflow of $400,000 on year from today. Assuming the discount rate is ten percent, the net present value of the investment is _____. less than $10,000 greater than $10,000 but less than $15,000 greater than $15,000 but less than $20,000 greater than $20,000 none of the above

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An initial investment today of $350,000 provides a net cash inflow of $400,000 on year from today. Assuming the discount rate is ten percent, the net present value of the investment is _____.

  1. less than $10,000
  2. greater than $10,000 but less than $15,000
  3. greater than $15,000 but less than $20,000
  4. greater than $20,000
  5. none of the above
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