Maud'Dib Intergalactic has a new project available on Arrakis. The cost of the project is $38,500...

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Maud'Dib Intergalactic has a new project available on Arrakis.The cost of the project is $38,500 and it will provide cash flowsof $21,800, $27,800, and $27,700 over each of the next three years,respectively. Any cash earned in Arrakis is "blocked" and must bereinvested in the country for one year at an interest of 3 percent.The project has a required return of 9 percent. What is theproject's NPV? Multiple Choice $38,454.68 $22,721.86 $41,950.56$26,288.19 $34,218.64

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Maud'Dib Intergalactic has a new project available on Arrakis.The cost of the project is $38,500 and it will provide cash flowsof $21,800, $27,800, and $27,700 over each of the next three years,respectively. Any cash earned in Arrakis is "blocked" and must bereinvested in the country for one year at an interest of 3 percent.The project has a required return of 9 percent. What is theproject's NPV? Multiple Choice $38,454.68 $22,721.86 $41,950.56$26,288.19 $34,218.64

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