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TB MC Qu.14-36(Algo) Moates Corporation has... Moates Corporation has provided the following data concerning...

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Accounting

TB MC Qu.14-36(Algo) Moates Corporation has...
Moates Corporation has provided the following data concerning an investment project that it is considering:
Initial investment
Annual cash flow
Expected life of the project
Discount rate
$190,000
$120,000 per year
4 years
9%
Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.
The net present value of the project is closest to:
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Multiple Choice
$190,000
$198,680
$(70,000)
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