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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $28,000 1 18,000 2 13,000 3 10,000 (a)

A firm evaluates all of its projects by using the NPV decision rule.

Year Cash Flow
0 $28,000
1 18,000
2 13,000
3 10,000
(a) At a required return of 17 percent, what is the NPV for this project?
(b) At a required return of 37 percent, what is the NPV for this project?

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