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For the following proposal, you must invest 100 upfront and you will receive 30 at year 1, 153 at year 2 and 88 at year
For the following proposal, you must invest 100 upfront and you will receive 30 at year 1, 153 at year 2 and 88 at year 3. Suppose the discount rate is 10%. Using this information, determine the NPV of the proposal.
a. -119.83
b. 111.25
c. 119.83
d. -171
e. 171
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