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Thank you! For the given cash flows, suppose the firm uses the NPV decision rule. Year 0 Cash Flow -$ 163,000 53,000 86,000 1 2
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For the given cash flows, suppose the firm uses the NPV decision rule. Year 0 Cash Flow -$ 163,000 53,000 86,000 1 2 3 70,000 a. At a required return of 9 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At a required return of 19 percent, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. NPV b. NPVStep by Step Solution
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