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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow o -$31,000 1 22,000 2 16,000 3 10,000 a.

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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow o -$31,000 1 22,000 2 16,000 3 10,000 a. At a required return of 28 percent, what is the NPV for this project? Answer is complete and correct. 722 b. At a required return of 36 percent, what is the NPV for this project? Answer is complete and correct. $ -2,197.59

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