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Investing $200,000 now will return $288,000 in exactly two years. What is the NPV of the project at a discount rate of 20%? A. $200,000
Investing $200,000 now will return $288,000 in exactly two years. What is the NPV of the project at a discount rate of 20%?
A. $200,000
B. $61,111
C. $40,000
D. $0
E. None of the above/cannot be determined from the data given
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