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You are considering an investment. If you make the investment, you will receive $5,000 each of the next 4 years (these are years 1, 2,
You are considering an investment. If you make the investment, you will receive $5,000 each of the next 4 years (these are years 1, 2, etc.). The opportunity requires an initial investment of $2,000 at time 0 plus and additional investment of $2,000 at year 2. What is the NPV of this investment if the cost of capital is 4%?
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