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Question 193 - CCBA discussion
A business analyst has determined that a project should be worth $2,750,000 in four years if her company decides to pursue the project. Assuming the rate of return on the investment is six percent, what is the minimum amount of funds the organization should invest in this project?
A.
$2,585,000.00
B.
$2,749,001.99
C.
$2,178,257.57
D.
$165,000
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