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What is the NPV of investing $2m per year in years 0 to 5 (at year-end) to generate a $1m cash flow in year 6
What is the NPV of investing $2m per year in years 0 to 5 (at year-end) to generate a $1m cash flow in year 6 growing at 2% per year forever if the cost of capital is 12%?
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