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Please step by step without Excel, Thanks a lot! Question 4 A firm intends to invest $4,000 in a project that will generate return of
Please step by step without Excel, Thanks a lot!
Question 4 A firm intends to invest $4,000 in a project that will generate return of $2250,$1265 and $1500 in the first, second and third year, respectively. Assume a discount rate of 12.5%. What is the net present value of this project? Round off up to two decimal places Step by Step Solution
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