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Find the NPV of a project that has a capital cost of $100m at t = 0, pays no returns for the first 3 years,
Find the NPV of a project that has a capital cost of $100m at t = 0, pays no returns for the first 3 years, pays $10m for the next 5 years, which then grows in perpetuity at 2% p.a.The discount rate is 9%.
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