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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.
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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