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A Project Under Consideration Currently Has a Negative Net Present

Question 70

Multiple Choice

A project under consideration currently has a negative net present value of $11,600 using a 6% rate of return and an estimated 4-year life.What must be the minimum present value of the soft benefits of this project in order to make it acceptable? (Round the answer to nearest whole dollar.)


A) $12,296
B) $40,195
C) $9,188
D) $3,348

Correct Answer:

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