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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $ 30,000 1 23,000 2 15,000 3 8,000
| A firm evaluates all of its projects by using the NPV decision rule. |
| Year | Cash Flow |
|---|---|
| 0 | $ 30,000 |
| 1 | 23,000 |
| 2 | 15,000 |
| 3 | 8,000 |
| a. At a required return of 23 percent, what is the NPV for this project? |
|
|
| b. At a required return of 37 percent, what is the NPV for this project? |
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
