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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

-1,750,000

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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