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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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