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Consider the following two mutually exclusive projects: year cash flow (x) cash flow (y) 0 -19200 -19200 1 8650 9700 2 8700 7600 3 8600
Consider the following two mutually exclusive projects:
| year | cash flow (x) | cash flow (y) |
| 0 | -19200 | -19200 |
| 1 | 8650 | 9700 |
| 2 | 8700 | 7600 |
| 3 | 8600 | 8500 |
What is the NPV of Projects X and Y at discount rates of 0 percent, 15 percent, and 25 percent?
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
