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Based on the following data the investment has a positive net present value. time cash flows from investment in a leased property discount rate 0
Based on the following data the investment has a positive net present value.
time | cash flows from investment in a leased property | discount rate |
0 | -1,000,000 | 7% |
1 | $240,000 | |
2 | $240,000 | |
3 | $240,000 | |
4 | $240,000 | |
5 | $240,000 | |
6 | $240,000 | |
7 | $240,000 | |
8 | $240,000 | |
9 | $240,000 | |
10 | $240,000 |
True or False?
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