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A firm is evaluating the following project. What is the NPV at each required return? Required return 11% Required return 25% Annual cash flows: Year
A firm is evaluating the following project. What is the NPV at each required return?
Required return 11%
Required return 25%
Annual cash flows:
Year 0 ($28,000)
Year 1 $12,000
Year 2 $15,000
Year 3 $11,000
Complete the following analysis:
NPV at 11% NPV at 25%
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