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he following investments are available. Their free cash flows for each period are shown, and the appropriate discount rate is 12% per annum. Investment Yr0
he following investments are available. Their free cash flows for each period are shown, and the appropriate discount rate is 12% per annum.
Investment Yr0 Yr1 Yr2 Yr3
1 (1500) 845 670 500
2 (2600) 105 200 3500
Using the NPV technique, which investment(s) should be undertaken?
corporate finance
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