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Suppose that in problem above ( refer to picture ) , at the end of the fourth year Susan can invest $ 3 , 0

Suppose that in problem above (refer to picture), at the end of the fourth year Susan can invest $3,000 to wage a zoning change that has a 100% probability of success. The zoning change will make the property worth $30,000 at the end of the eighth year. Assume that Susan requires a 12% rate of return on this investment. What is the NPV?
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