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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 26,000 1 20,000 2 15,000 3 8,000
A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 26,000 1 20,000 2 15,000 3 8,000 a. At a required return of 11 percent, what is the NPV for this project? b. At a required return of 40 percent, what is the NPV for this project?
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