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1- Consider a project of the Pearson Company. The timing and size of the incremental after- tax cash flows for an all-equity firm are $-1000,

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1- Consider a project of the Pearson Company. The timing and size of the incremental after- tax cash flows for an all-equity firm are $-1000, $305, $610, $555, $500 from year 0 to 4 respectively. The unlevered cost of equity is 38%. a. Calculate the NPV? Should this project be accepted

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