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Suppose that you are approached with an offer to purchase an investment that will provide cash flows of $1,300 per year for 15 years. The
Suppose that you are approached with an offer to purchase an investment that will provide cash flows of $1,300 per year for 15 years. The cost of purchasing this investment is $9,200. You have an alternative investment opportunity, of equal risk, that will yield 9% per year. What is the NPV that makes you indifferent between the two options?
Please provide answer using excel.
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