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Given good population growth in San Antonio Bank of San Antonio is considering adding a new branch bank. It knows that it will cost $1.5
Given good population growth in San Antonio Bank of San Antonio is considering adding a new branch bank. It knows that it will cost $1.5 million to build the branch and it believes that it will generate $254,526 per year for the first 3 years with required return of 12% and $300,000 per year for years 4 to 7 with required return of 15%. What is this project's net present value? (Round to the nearest $100) O-$500,337 -$638,525 O $286,780 O $760,981 O -$325,513
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