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A firm evaluates all of its projects by using the NPV decision rule. Year 0 Cash Flow $29,000 Year 1 Cash Flow $19,000 Year 2

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

Year 0 Cash Flow $29,000

Year 1 Cash Flow $19,000

Year 2 Cash Flow $17,000

Year 3 Cash Flow $7,000

a. At a required return of 10 percent, what is the NPV for this project?

b. At a required return of 35 percent, what is the NPV for this project?

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