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3 5 . A project with a net investment of $ 3 , 1 8 0 , 0 0 0 ( today ) will generate
A project with a net investment of $today will generate a cash flow of $ every other year starting in year and lasting forever. Thus, the cash flow in year will be $ the cash flow in year will be $ the cash flow in year will be $ the cash flow in year will be $ the cash flow in year will be $ the cash flow in year will be $ and so on forever. If the appropriate discount rate for this project is what is the projects NPV
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