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An investment of $83 generates after-tax cash flows of $46.00 in Year 1, $64.00 in Year 2, and $129.00 in Year 3. The required rate
An investment of $83 generates after-tax cash flows of $46.00 in Year 1, $64.00 in Year 2, and $129.00 in Year 3. The required rate of return is 20 percent. The net present value is
Round to two decimal places.
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