What is the net present value of the project

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Question - Best Pty Ltd is considering a project. The project has an initial investment of $450,000, with annual positive cash flows of $160,000 for four years. The required rate of return on projects is 5%. What is the Net Present Value (NPV) of the project?

a. $-318 496

b. $ 262 288

c. $ 567 360

d. $ 117 360

e. $-318 368

Reference no: EM132819963

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