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Use the following information to answer next three questions You are considering the purchase of an investment that would pay you $2,500 per year for
Use the following information to answer next three questions You are considering the purchase of an investment that would pay you $2,500 per year for Years 1-4, $1,900 per year for Years 5-7, and $1,500 per year for Years 8-10. If the investment costs you $18,000 and you require a 15 percent rate of return:
10. What is the projects NPV? According to NPV rule, should you take this investment? A) -$7,094.69, No C) $1,592, Yes B) $6,965.97, Yes D) -$1,093, no
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