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A company invests 6 2 0 3 3 into a new equipment that is ready for production in exactly 1 8 months from the time
A company invests into a new equipment that is ready for production in exactly months from the time of investment. Once in production, the equipment can generate a net income payable continuously at the rate of per halfyear for the first years and of per year for the remaining years until it is sold for
Assuming a force of interest of per halfyear is applicable for the entire period, calculate the net present value of the project in s to decimal places.
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