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A project requires a cost in Year 0 (right now) of $8M. The project will then provide a revenue of $4M per year for Years
A project requires a cost in Year 0 (right now) of $8M.
The project will then provide a revenue of $4M per year for Years 1-3.
Your discount rate is 20%.
The NPV of the project is:
Group of answer choices
Between 0 and $1M
NPV is less than zero
More than $2M
Between $1M and $2M
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