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This is a two-part question, each part worth 5 points. First Part: A magazine publisher wants to launch a new magazine geared to college students.
This is a two-part question, each part worth 5 points. First Part: A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $82. The project's cash flows that come in at the end of each year are $21 for 5 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 19%
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