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Consider the following project: Pay $ 3 0 , 0 0 0 now and receive $ 3 8 , 0 0 0 for sure in
Consider the following project: Pay $ now and receive $ for sure in the future. The only uncertainty is that you do not know when you will receive the $ It will either be in one year or in two years with a probability of each Is this a good project? What is the NPV The discount rate is
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