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Given the cash flows in the following table, the point at which the NPV profile crosses the vertical axis (i.e. the y-intercept) is _____. Time

Given the cash flows in the following table, the point at which the NPV profile crosses the vertical axis (i.e. the y-intercept) is _____.

Time 0

Time 1

Time 2

-$12000

$8000

$8000

A.

21.53%

B.

10%

C.

$0

D.

$4,000

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