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Thomas Green is using net present value (NPV) when evaluating investment opportunities. His required rate of return is 11.44 percent. The investment will produce the
Thomas Green is using net present value (NPV) when evaluating investment opportunities. His required rate of return is 11.44 percent. The investment will produce the same after-tax cash inflows of $437,174 per year at the end of the year for 10 years. What is the NPV of a investment opportunity if the initial cost is $1,523,967?
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