Question
Answer the following question with a clear explanation, showing any steps or processes used to reach the answer. Explain your process as though you are
Answer the following question with a clear explanation, showing any steps or processes used to reach the answer. Explain your process as though you are teaching the concept to a student who is a beginner at finance. A corporation makes an investment of $20,000 that will provide the following cash flows after the corresponding amounts of time: Year 1 - $10,000 Year 2 - $10,000 Year 3 - $2,000 Should the company make this investment? What is the net present value at a 7 percent discount rate? Round your answer to two decimal points.
please answer both parts showing step by step
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