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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 25,000 1 23,000 2 14,000 3 4,000

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

Year Cash Flow
0 $ 25,000
1 23,000
2 14,000
3 4,000

a. At a required return of 19 percent, what is the NPV for this project?

b) At a required return of 34%, what is the NPV for this project?

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