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QUESTION
Assume that you have the following information on project A: (i) it will yield cash flows of $900 per year forever; (ii) the IRR is 16%; (iii) the...
Assume that you have the following information on project A: (i) it will yield cash flows of $900 per year forever; (ii) the IRR is 16%; (iii) the required rate of return (i.e., the cost of capital) for this project is 11.35%.What is the NPV of this project?
