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The project defined by the following decision tree has a required discount rate of 14 percent. What is the Time 1 net present value of

The project defined by the following decision tree has a required discount rate of 14 percent.

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What is the Time 1 net present value of a successful investment?

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$122,008,054

$126,583,344

$87,342,087

$92,305,012

$89,406,415

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