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Your firm is considering the launch of a new product, the XJ5. The upfront development cost is $9 million, and you expect to earn a

Your firm is considering the launch of a new product, the XJ5. The upfront development cost is

$9

million, and you expect to earn a cash flow of

$3.2

million per year for the next

5

years. Create a table for the NPV profile for this project for discount rates ranging from

0%

to

30%

(in intervals of

5%).

For which discount rates is the project attractive?

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