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Which of the following three investments will have the highest NPV? All three cases require an initial investment of $75,000, and the required rate of
Which of the following three investments will have the highest NPV? All three cases require an initial investment of $75,000, and the required rate of return is 15%.
ABCYear 1 net cash in$39,000$45,000$51,000Year 2 net cash in$43,000$45,000$47,000Year 3 net cash in$47,000$45,000$43,000Year 4 net cash in$51,000$45,000$39,000Total cash flow$180,000$180,000$180,000
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