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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $28,000 1 20,000 17,000 3 9,000 a. At
A firm evaluates all of its projects by using the NPV decision rule.
Year Cash Flow
0 $28,000
1 20,000
17,000
3 9,000
a. At a required return of 19 percent, what is the NPV for this project?
b. At a required return of 38 percent, what is the NPV for this project?
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