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A business project in your company has an investment opportunity. The investment carries a discount rate of 14 percent per year for the first 5

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A business project in your company has an investment opportunity. The investment carries a discount rate of 14 percent per year for the first 5 years, and 12 percent per year for the next 5 years, The CFO wants you to calculate the measurement of market value of his investment today based on the following cash flows. Explain your reasoning. (8) Year 1 to 5 6 to 10 Net Cash flows $20 000 per year, at the end of the year $35 000 per year, at the end of the year

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