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A project requiring an initial outlay of $80,000 produces a return of $150,000 in 7 years' time. f the discount rate is 6% compounded semi-annually
A project requiring an initial outlay of $80,000 produces a return of $150,000 in 7 years' time. f the discount rate is 6% compounded semi-annually (so that interest is paid twice a year) find the net present value of the project. The net present value is $0. (Do not round until the final answer. Then round to two decimal places as needed.)
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