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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $31,000 1 21,000 2 12,000 3 5,000 a.
A firm evaluates all of its projects by using the NPV decision rule. |
Year | Cash Flow | ||
0 | $31,000 | ||
1 | 21,000 | ||
2 | 12,000 | ||
3 | 5,000 | ||
a. At a required return of 15 percent, what is the NPV for this project?
|
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