Q 10.22. You are in the 33.3% tax bracket. A project will return $14,000 in 1 year

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Q 10.22. You are in the 33.3% tax bracket. A project will return $14,000 in 1 year for a $12,000 investment-a $2,000 net return. The equivalent tax-exempt bond yields 15%, and the equivalent taxable bond yields 20%. What is the NPV of this project?

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