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6. A pharmaceutical manufacturer has pojected net profits for a new drug that is being released to the market over the next five years: Year
6. A pharmaceutical manufacturer has pojected net profits for a new drug that is being released to the market over the next five years:
Year | Net Profit |
1 | $(300,000,000) |
2 | $(145,000,000) |
3 | $50,000,000 |
4 | $125,000,000 |
5 | $530,000,000 |
Use a spreadsheet to find the Net Present Value of these cash flows for a discount rate of 3%.
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