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A firm evaluates all of its projects by using the NPV decision rule. Year 0 Cash Flow -$ 26,000 21,000 12.000 9,000 1 2 3

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A firm evaluates all of its projects by using the NPV decision rule. Year 0 Cash Flow -$ 26,000 21,000 12.000 9,000 1 2 3 a. At a required return of 30 percent, what is the NPV for this project? NPV b. At a required return of 37 percent, what is the NPV for this project? NI

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