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Suppose Wonderful State Bank wants to add a new branch office. They have determined that the cost of construction of on the new facility will
Suppose Wonderful State Bank wants to add a new branch office. They have determined that the cost of construction of on the new facility will be $1.5 million with another $500000 in organization costs. Wonder State Bank has estimated that they will generate $319522 in net revenues. If the branch is expected to last twenty years and Wonderful State Bank requires a 17% return on its money, what is this project's net present value?
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