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Please answer the following question: The Bureau of Reclamation can avoid three years of future repair costs of $10 million per year by making a
Please answer the following question:
The Bureau of Reclamation can avoid three years of future repair costs of $10 million per year by making a repair today that costs $28 million. What is the Net Present Value of this project (in $ dollars) at a discount rate of 0.032 ? (Note discount rate is given as a decimal, so 0.03 would be 3.0% )
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