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A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $25,000 1 21,000 2 17,000 3 6,000 Required:
A firm evaluates all of its projects by using the NPV decision rule. Year Cash Flow 0 $25,000 1 21,000 2 17,000 3 6,000 Required: (a) At a required return of 13 percent, what is the NPV for this project? (b) At a required return of 41 percent, what is the NPV for this project?
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