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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flows
A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows:
Year | Cash Flows |
0 | -3196 |
1 | 1314 |
2 | 1566 |
3 | 1645 |
What is the NPV for the project if the required return is 11 percent?
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