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You have been offered a unique investment opportunity. If you invest, $10400 ?today, you will receive $520, one year from? now, $1560 two years from?
You have been offered a unique investment opportunity. If you invest, $10400 ?today, you will receive $520, one year from? now, $1560 two years from? now, and $10400 ten years from now. What is the NPV of the opportunity if the cost of capital is 2.4% per year?
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