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4. What is the net present value of a firm's investment in a US Treasury security yielding 5 percent and maturing in one year? Hint:
4. What is the net present value of a firm's investment in a US Treasury security yielding 5 percent and maturing in one year? Hint: What is the opportunity cost of capital? Ignore taxes. 4. What is the net present value of a firm's investment in a US Treasury security yielding 5 percent and maturing in one year? Hint: What is the opportunity cost of capital? Ignore taxes
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