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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 2 8 , 0 0 0 1

A firm evaluates all of its projects by using the NPV decision rule.
Year Cash Flow
0$ 28,000
123,000
216,000
311,000
a. At a required return of 26 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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