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Calculate the net present value of a project with the investment of 1 000 000 EUR which gives at the end of every month 5000.5

Calculate the net present value of a project with the investment of 1 000 000 EUR which gives at the end of every month 5000.5 EUR of income for ever. Use the interest rate of 6% (monthly capitalisation).

a.

100 EUR

b.

-100 EUR

c.

916658.33 EUR

d.

-916658.33 EUR

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