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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $29,000 1 18,000 2 15,000 3 9,000 a.
| A firm evaluates all of its projects by using the NPV decision rule. |
| Year | Cash Flow | ||
| 0 | $29,000 | ||
| 1 | 18,000 | ||
| 2 | 15,000 | ||
| 3 | 9,000 | ||
| a. At a required return of 22 percent, what is the NPV for this project? |
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| b. At a required return of 33 percent, what is the NPV for this project? |
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International Financial Management
Authors: Jeff Madura
11th Edition
0538482966, 9780538482967
