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The consulting firm your boss hired has said that you should invest $1 million into a new personnel management system that will reduce your overhead
- The consulting firm your boss hired has said that you should invest $1 million into a new personnel management system that will reduce your overhead costs by $200,000 per year for the first three years, then $400,000 the next year, and $500,000 in the final year. If your firm has a required return of 15%, what is the NPV of the new system?A.$1,933,935
- B.-$66,065
- C.$492,080
- D.$500,000
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
