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A contract is estimated to yield net returns of $3,500 quarterly for seven years. To secure the contract, an immediate outlay of $50,000 and a

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A contract is estimated to yield net returns of $3,500 quarterly for seven years. To secure the contract, an immediate outlay of $50,000 and a further outlay of $30,000 three years from now are required. Interest is 12% compounded quarterly. What is the net present value? Report your answer to 0 decimal places. Answer: Next page nd Listen: Nedtad hundp taken: Rate of Return on Investment

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