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Testbank, Question 53 Suppose you have an opportunity to invest in a project, which is expected to generate $6,800 in year 1, $7,200 in year

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Testbank, Question 53 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 project's initial investment when the project's NPV is $2,609.25? Assume the tax rate is zero. $15,000.00 O $17,609.25 O $20,218.50 $21,500.00

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