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You are considering an investment opportunity that requires an investment of $1,000,000 today and will provide $600,000 one year from now, $400,000 two years from

You are considering an investment opportunity that requires an investment of $1,000,000 today and will provide $600,000 one year from now, $400,000 two years from now, and $500,000 three years from now. If the appropriate interest rate is 10%, then the NPV of this opportunity is closest to: ($38,000) $118,630 $251,690 $318,980

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