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Information for both Questions 7 and 8: A movie production that takes place in the make believe world of central earth has the following cash
Information for both Questions 7 and 8: A movie production that takes place in the make believe world of central earth has the following cash flows: ($14) at t=0, $9 at t=1, $5 at t=2, and $4 at t=3. (note: parentheses denote negative cash flows.) Question 8 If the required return is 10%, what is the NPV of the movie production? [5 MARKS]
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