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You have the chance to start a company with the following annual profits (losses) for the first five years: -1M, 0, 2M, 5M, 25M What
You have the chance to start a company with the following annual profits (losses) for the first five years:
-1M, 0, 2M, 5M, 25M
What is the NPV of this investment opportunity if the discount rate is 12%?
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International Finance Discussion Papers Predictable Uncertainty In Economic Forecasting
Authors: United States Federal Reserve Board , Neil R. Ericsson
1st Edition
1288731493, 9781288731497
