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1. Calculate the (NPV) net present value with a required return of 5%, an initial investment of $45,000 and cash flows of $9,000, $8,000, $15,000,
1. Calculate the (NPV) net present value with a required return of 5%, an initial investment of $45,000 and cash flows of $9,000, $8,000, $15,000, and $20,000 for years 1 through 4 respectively. What is the NPV, and should I proceed with the investment?
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