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For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 $ 154,000 1 62,000 2 77,000 3 61,000

For the given cash flows, suppose the firm uses the NPV decision rule.

Year Cash Flow
0 $ 154,000
1 62,000
2 77,000
3 61,000

At a required return of 8 percent, what is the NPV of the project?

At a required return of 20 percent, what is the NPV of the project?

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