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A project has the following cash flows: Year Cash Flow 0 $ 70,500 1 48,500 2 29,600 What is the NPV of this project if

A project has the following cash flows:

Year Cash Flow

0 $ 70,500

1 48,500

2 29,600

What is the NPV of this project if the required return is 4 percent? What is the NPV of the project if the required return is 21 percent?

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