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Assume that you require an annual return of 6%. What is the net present value (NPV) of a project that earns $7 million in Yr

Assume that you require an annual return of 6%. What is the net present value (NPV) of a project that earns $7 million in Yr 1, $12 million in Yr 2 and $7 million in Yr 3, if it requires an initial investment of $30 million?

- 5.47 million dollars

+ 6.84 million dollars

- 6.84 million dollars

+ 56.00 million dollars

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