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I have good news for you, your grandmother saved $1,000,000 for you. She will be very happy if you use this as a good investment:
I have good news for you, your grandmother saved $1,000,000 for you. She will be very happy if you use this as a good investment: Invest your money in an industrial or commercial business, and describe in detail what you will do (your project). Let me know about your group and the project you chose during class this week. Here $1,000,000 initial investment (PV), a discount factor of 10%, The economic life of the investment is 5 years, estimate the cash flows to be obtained each year by years, multiply by the discount factor subtract the initial investment from the total of the discounted cash flows, and determine whether the net present value is positive or not and indicate your investment decision
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