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A company has announced to avail its good investment opportunities of $29 million after using $10 million borrowed fund. These investment opportunities will generate 33
A company has announced to avail its good investment opportunities of $29 million after using $10 million borrowed fund. These investment opportunities will generate 33 percent average return. Using 14.4 percent market rate of return, find the amount of NPV of the investment under the two-period perfect certainty model.
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