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A firm has a project with physical life at 3 years. If the firm terminates the project in a year, NPV = $5 million. If
A firm has a project with physical life at 3 years. If the firm terminates the project in a year, NPV = $5 million. If the project terminated in two years, NPV = $-3 million. If the project operates at the physical life without termination, NPV = $35 million. Whats the economic life of the project? Group of answer choices 1 year 2 years 3 years unknown
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