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year cash flow 0 -$148,000 1 68,000 2 71,000 3 55,000 For the given cash flows, suppose the firm uses the NPV decision rule. At
| year | cash flow |
| 0 | -$148,000 |
| 1 | 68,000 |
| 2 | 71,000 |
| 3 | 55,000 |
For the given cash flows, suppose the firm uses the NPV decision rule.
At a required return of 9%, what is the NPV? At 20%?
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