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For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 -$144,000 1 69,000 2 70,000 3 54,000 At
For the given cash flows, suppose the firm uses the NPV decision rule.
Year Cash Flow
0 -$144,000
1 69,000
2 70,000
3 54,000
At a required return of 12 percent, what is the NPV of the project?
At a required return of 23 percent, what is the NPV of the project?
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