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The expected return on the market is 24%, and the risk-free rate is 15%. What is the net present value of a project that generates
The expected return on the market is 24%, and the risk-free rate is 15%. What is the net present value of a project that generates net cash inflows of 100 million, 200 million and 300 million cedis annually starting one year from now, if the project calls for an investment of 200 million immediately, and 100 million next year? The project has a beta of 1.2 and falls under the 25% tax bracket. Please do not use excel
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