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What is the NPV (Net Present Value) of a coal project that has an initial cost of $3,600m, and expected to have $20m a year
What is the NPV (Net Present Value) of a coal project that has an initial cost of $3,600m, and expected to have $20m a year in net revenues for the next twenty-eight years, and then in the twenty-ninth year have to pay an environmental cost of $15m to return the land to a green use? The appropriate required return for this project is 14%?
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