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Using the constant chain of replacement in perpetuity method, calculate the net present value of a project with the following cash flows.Assume the required rate
Using the constant chain of replacement in perpetuity method, calculate the net present value of a project with the following cash flows.Assume the required rate of return is 10% p.a. Initial Outlay $10,000; Year 1 $10,000; Year 2 $20,000; Year 3 $30,000
a. $38,159
b. $153,444
c. $381,596
d. $148,308
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