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Mathematics, 14.09.2019 01:20 weeblordd
An investment project involves an immediate outlay of $8 million. the net cash flows received at the end of years 1, 2, and 3 will be $3 million, $4 million, and $2 million. a 10% discount rate is applicable so that the present value factors for years 1, 2, and 3 are 0.9091, 0.8264, and 0.7513. the npv of the investment will be: (a) (b) (c) (d) $1 million $9 million $0.46 million $7.54 million
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