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Problem 2 2 - 1 7 A firm has the following investment alternatives. Each costs $ 1 2 , 0 0 0 and has the

Problem

22 - 17

A firm has the following investment alternatives. Each costs $

12, 000

and has the following cash inflows.

Year

\

table

[[

Cash Inflow,

1, 2, 3, 4

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