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- M. V.P. Games, Incorporated, has hired you to perform a feasibility study of a new video game that requires an initial investment of 56.6

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- M. V.P. Games, Incorporated, has hired you to perform a feasibility study of a new video game that requires an initial investment of 56.6 million. - The company expects a total annual operating cash flow of $1.26 million for the next 8 years: - The relevant discount tate is 9 percent. - Cash flows occur at year-end - After one yeat, the estimate of remaining annual casthrows. will be revised elther upward to $2.16 million or downward to $281,000. - Each revision has an equal probabillty of occurring - At that time, the video game project can be sold for $2.56 million. What is the revised NPV glvee. that the firm can abandon the project after one year? $717,054 5687,356 5734,691 $716,214

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