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For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 $ 148,000 1 68,000 2 71,000 3 55,000

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

Year Cash Flow
0 $ 148,000
1 68,000
2 71,000
3 55,000

At a required return of 9 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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