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A corporation is considering an investment in one of two potential projects. Each project requires month period. The cash flows are expected to continue forever.

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A corporation is considering an investment in one of two potential projects. Each project requires month period. The cash flows are expected to continue forever. The first cash flow is expected 6 months after the initial investment. Project Y will have a single cash flow of $2, which will be Calculate the net present value of Project Y, using an annual effective interest rate of 10%. received exactly 5 years after the initial investment. The IRR on both projects is the same

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