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Please show work Question 13 Consider the following capital investment proposal: It requires an initial investment of $1,075 million. The project is expected to generate
Please show work
Question 13 Consider the following capital investment proposal: It requires an initial investment of $1,075 million. The project is expected to generate the following net cash flows: $431 million in year 1 $378 million in year 2 $488 million in year 3 $539 million in year 4. If the company uses a discount rate of 18%, how much is NPV? Enter your answer in millions. Round to one decimalStep by Step Solution
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