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Provide short answers and a brief explanation. Respond to your peers. After you submit your answer, i will provide you with my answer. Suppose that

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Provide short answers and a brief explanation. Respond to your peers. After you submit your answer, i will provide you with my answer. Suppose that you invest $1 million today in an R&D project that is expected to generate cash ows of $500,000 in one year, $400,000 in two years, and $200,000 in three years. Does this project create value if the discount rate is 5%? 10%? 20%

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