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2 Reboot your computer before taking the test. Question 2 1 pts The entrepreneur of a high-tech startup estimates that new software development will require

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2 Reboot your computer before taking the test. Question 2 1 pts The entrepreneur of a high-tech startup estimates that new software development will require an investment of $100 million. Incremental cash inflows (cost savings) at the end of the first year are expected to be $5 million with $10 million coming at the end of the second year, and $30 million at the end of the third year. In each of years 4 - 7. the company expects a positive net cash flow of $60 million. The firm's cost of capital is estimated to be 13% NPV equals approximately -$15 million $75 million $57 million -$91 million. Nes Previous

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