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7 . A company is developing a special vehicle for Arctic exploration. The development requires an initial investment of $ 8 0 , 0 0
A company is developing a special vehicle for Arctic exploration. The development requires an initial investment of $ and investments of $ and $ for the next two years, respectively. Net returns beginning in Year are ex to be $ per year for years. If the company requires a rate of return of compute the net present value project and determine whether the company should undertake the project.The net present value of the project is Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as neeThe company undertake the project.shouldshould
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