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Please see the screenshot below and show your work. Thank you. Suppose Pheasant Pharmaceuticals is evaluating a proposed capital budgeting project {project Alpha} that will

Please see the screenshot below and show your work. Thank you.

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Suppose Pheasant Pharmaceuticals is evaluating a proposed capital budgeting project {project Alpha} that will require an initial investment of $o,. The project is expected to generate the following net cash flows: Year Cash Flow Year 1 $3. Year 2 $425,0D Year El $45D.D Year 4 $45D.D Pheasant Pharmaoeuticals's weighted average cost of capital is THE. and project Alpha has the same risk as the firm's average project. Based on the cash flows, what is project Alpha's net present value {NW}? 0 $252,222 0 $914,555 :3 $1,212,222 0 $525,555

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