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  • 22-04-2024
  • Business
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Refer to the data for Drilling Experts, Incorporated. Since the project is considered to be quite risky, a 20% cost of capital is used. What is the project's expected NPV, in thousands of dollars?
a. $336.15
b. $415.00
c. $507.22
d. $373.50
e. $461.11

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