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For the given cash flows, suppose the firm uses the NPV decision rule. a. At a required return of 12 percent, what is the NPV
For the given cash flows, suppose the firm uses the NPV decision rule. a. At a required return of 12 percent, what is the NPV of the project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. At a required return of 23 percent, what is the NPV of the project? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16
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