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A firm wants to start a project. A team of financial analysts estimated the following cash flows year cash flow 0 -$100,000 1 55,000 2
A firm wants to start a project. A team of financial analysts estimated the following cash flows
year cash flow
0 -$100,000
1 55,000
2 43,000
3 45,000
Suppose that the discount rate (interest rate) is 12%. The NPV is
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