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Look at the cash flows for projects Fand given below. 7 Cash Flows) IKK at Project Co C ca cs CG C7 CE () 101

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Look at the cash flows for projects Fand given below. 7 Cash Flows) IKK at Project Co C ca cs CG C7 CE () 101 (5,500) 4,200 4,200 4,200 0 0 0 (5,500) 2,200 2,200 2,200 2,200 2,200 2,200 2,200 2,200 16.7.6.237 0 0 56.8 4.945 The cost of capital was assumed to be 10%. Assume that the forecasted cash flows for projects of this type are overstated by 10% on average. That is, the forecast for each cash flow from each project should be reduced by 10%. But a lazy financial manager, unwilling to take the time to argue with the projects' sponsors, instructs them to use a discount rate of 20% a. What are the projects' true NPVS? (Do not round Intermediate calculations. Round your answers to nearest dollar amount.) NPV at 10% Project F Project b. What are the NPVs at the 20% discount rate? (Do not round intermediate calculations. Round your answers to nearest dollar amount.) NPV at 20% Project F Project G

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