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A once in a lifetime project requires an immediate outlay of $100 000 and $25 000 at the end of each year for 3 years.
A once in a lifetime project requires an immediate outlay of $100 000 and $25 000 at the end of each year for 3 years. Net returns are nil for the first 3 years and $30 000 per year thereafter for fourteen years. What is the net present value of the project at 16%
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