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What should Nicholas Maughan be willing to pay today for a project with the expected cash flows of $300 from t=1 through t=5, $550 from
What should Nicholas Maughan be willing to pay today for a project with the expected cash flows of $300 from t=1 through t=5, $550 from t=6 through 15, $700 from t-16 through t=20, and $1000 at t=21? Assume a cost of capital (discount rate) of 10 percent.
The answer is $4006.02, but please show nPV and where each value comes from. (how it would look in a ti-84)
nPV(
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