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Suppose you have an opportunity to invest in a project, which is expected to generate $6,800 in year 1, $7,200 in year 2, and $7,500
Suppose you have an opportunity to invest in a project, which is expected to generate $6,800 in year 1, $7,200 in year 2, and $7,500 in year 3. The appropriate risk-adjusted discount rate for the project is 10.5 percent. What is projects initial investment when the project's NPV is $2,609.25? Assume the tax rate is zero.
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