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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 28,000 1 24,000 2 13,000 3 6,000

A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 28,000 1 24,000 2 13,000 3 6,000 a. At a required return of 28 percent, what is the NPV for this project? b. At a required return of 35 percent, what is the NPV for this project

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