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4. For an investment of $5.0m, Catherine can earn a $2.0m at the end of the first year, $2.5m at the end of the second

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4. For an investment of $5.0m, Catherine can earn a $2.0m at the end of the first year, $2.5m at the end of the second year, and $1.5m at the end of the third year. Assuming her personal discount rate is 10%, what is the NPV of this investment? (must complete by hand showing all work)

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