17. Consider the following project: Period 0 1 2 3 Net cash flow 100 0 78.55 78.55...

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17. Consider the following project:

Period 0 1 2 3 Net cash flow ⫺100 0 78.55 78.55 The internal rate of return is 20%. The NPV, assuming a 20% opportunity cost of capital, is exactly zero. Calculate the expected economic income and economic depreciation in each year.

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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