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9. The project defined by the following decision tree has a required discount rate of 14 percent. Cash Flow After Tax t=1 Invest Success S100.000.000

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9. The project defined by the following decision tree has a required discount rate of 14 percent. Cash Flow After Tax t=1 Invest Success S100.000.000 Years 2-5 $66.000.000 year Test Cost Do Not Invest NPV=30 $20,000,000 Fahre NPV=$-20.000.000 Do not test What is the Time 1 net present value of a successful investment

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