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Problem 10.46 An investment of $75 generates after-tax cash flows of $50 in Year 1, $80 in Year 2, and $130 in Year 3. The
Problem 10.46 An investment of $75 generates after-tax cash flows of $50 in Year 1, $80 in Year 2, and $130 in Year 3. The required rate of return is 20 percent. The net present value is closest to $55.87 $97.45 O $40.28. $92.95
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