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A project requires a $3 million investment in net working capital (NWC) today, and will be fully recovered in 10 years. What is the PV

A project requires a $3 million investment in net working capital (NWC) today, and will be fully recovered in 10 years. What is the PV of the NWC cash flows if r = 0.12 per annum? Enter answer in millions of dollars, rounded to the nearest thousandth (3rd digit), as in "1.123" million.

A project has the following annual incremental after-tax cash flows (OCFs) that follow an initial investment of $10 million (all numbers in millions):

Year OCF
1 5
2 20
3 5
4 -22

What is the NPV of the project if the required rate of return is 18% per annum?

Enter answer in millions of dollars, rounded to the 4th digit, as in "1.2345" million

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