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For the following set of cash flows, Year Cash Flow 0 $6,700 1 6,200 2 5,100 3 3,300 a. What is the NPV at a
| For the following set of cash flows, |
| Year | Cash Flow |
| 0 | $6,700 |
| 1 | 6,200 |
| 2 | 5,100 |
| 3 | 3,300 |
| a. What is the NPV at a discount rate of 0 percent? |
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| b. What is the NPV at a discount rate of 9 percent? |
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| c. What is the NPV at a discount rate of 22 percent? |
|
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| d. What is the NPV at a discount rate of 27 percent? |
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Inefficient Markets An Introduction To Behavioral Finance
Authors: Andrei Shleifer
1st Edition
0198292279, 978-0198292272
