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6. What is the NPV of the following cash flows, assuming a 5% discount rate? Initial investment year 0: $(1,000,000) Year 1 cash flows: $100,000
6. What is the NPV of the following cash flows, assuming a 5% discount rate?
Initial investment year 0: $(1,000,000)
Year 1 cash flows: $100,000
Year 2 cash flows: $100,000
Year 3 cash flows: $100,000
Year 4 -sale: $1,200,000
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