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A company requires $6 million borrowed fund to avail all of its good investment opportunities of $12 million, which will generate on an average 26

A company requires $6 million borrowed fund to avail all of its good investment opportunities of $12 million, which will generate on an average 26 per cent return. Find the amount of NPV of the investment under two-period perfect certainty model when the market rate of return is 10 per cent.

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