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Charles Henri is considering investing $36,000 in a project that is expected to provide him with cash inflows of $12,000 in each of the first
Charles Henri is considering investing $36,000 in a project that is expected to provide him with cash inflows of $12,000 in each of the first two years and $18,000 for the following year. At a discount rate of zero percent this investment has a net present value of _____, but at the relevant discount rate of 17 percent the project's net present value is _____
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