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Serendipity Cafe is thinking of expanding and opening a new location. It estimates the following expenses and profits for this multi-year project: a. At 0

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Serendipity Cafe is thinking of expanding and opening a new location. It estimates the following expenses and profits for this multi-year project: a. At 0 percent required return, the NPV is b. At 13 percent required return, the NPV is instead

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