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A firm has initial endowment of $6 million. It has investment opportunities to invest $9 million that gives an average return of 40%. The current

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A firm has initial endowment of $6 million. It has investment opportunities to invest $9 million that gives an average return of 40%. The current opportunity cost of capital for the firm is 12%. Consider two-period perfect certainty model. a. Find Net Present Value of the Investment. b. Find the value of the firm before the investment decision is made. C. Find present value of the firm after the announcement of investment decision. Please provide working

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