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Problem 10.42
An investment of $83 generates after-tax cash flows of $49 in Year 1, $67 in Year 2, and $131 in Year 3. The required rate of return is 20 percent. The net present value is closest to
1. $49.81.
2. $62.18.
3. $80.17.
4. $41.62
Problem 10.40
Given the following cash flows for a capital project, calculate the NPV and IRR. The required rate of return is 8 percent.
Year
0
1
2
3
4
5
Cash Flows
$-49901
$12873
$12524
$23846
$12306
$5555
1. NPV=3508. IRR=11.59%
2. NPV=4511. IRR=11.59%
3. NPV=3508. IRR=13.13%
4. NPV=4511. IRR=13.13%
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