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A new plant to produce steel tubing requires an initial investment of $10 million. It is after interest rate is 15% per year, compounded annually,

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A new plant to produce steel tubing requires an initial investment of $10 million. It is after interest rate is 15% per year, compounded annually, what is the NPV of this plant? expecte 8.2 nd that after three years of operation an additional investment of $5 million will be required; a six years of operation, another investment of $3 million. Annual operating costs will be annual revenues will be $8 million. The life of the plant is 10 year s. If the

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