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& P 8-7 (similar to) EQuestion Help Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will
& P 8-7 (similar to) EQuestion Help Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $5,160 t the end of each of the next 3 years. The opportunity requires an initial investment of $1,290 plus an additional investment at the end of the second year of $0.450. What is the NPV of this opportunity if the interest rate is 2.3% per year? Should Marian take it? What is the NPV of this opportunity if the interest rate is 2.3% per year? The NPV of this opporunity is (Round to the nearest cent. Enter your answer in the answer box and then click Check
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