AshantiLiz4917 AshantiLiz4917

09-01-2024
Business

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Alpha Company invested in a five-year project earning 10%. The project will produce cash inflows of $20,000 in year two and $100,000 in year five. What was the cost of the project? (Multiple Choice Question)

a) $40,000
b) $50,000
c) $60,000
d) $70,000

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