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You have the opportunity to invest in a project that requires an initial investment of EUR 278 and produces the following risky cash flows depending

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You have the opportunity to invest in a project that requires an initial investment of EUR 278 and produces the following risky cash flows depending on the state of the economy. The project requires regular maintenance cost of 21. The risk-free interest rate is 2.48% and given the risk of the project, you demand a risk premium of 2.44%. What is the NPV of the project? (rounded to two decimal places) t=1 t=2 t=3 Strong Economy (p=90%) 197199 135 Weak Economy (p=10%) 157159 95 Select one: O a. 139.23 b. 158.04 c. 196.51 d. 417.23 O e. 157.73

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