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22) You have an investment opportunity in the United Kingdom that requires an investment of $500,000 today and will produce a cash flow of 320,000

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22) You have an investment opportunity in the United Kingdom that requires an investment of $500,000 today and will produce a cash flow of 320,000 in one year with no risk. Suppose the risk-free rate of interest in the U.K is 6% and the current competitive exchange rate is $1.70/c. what is the NPV of this project? Would you take the project

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