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Suppose you have an opportunity to invest in a project, which is expected to generate...

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Accounting

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Suppose you have an opportunity to invest in a project, which is expected to generate $6, 800 in year 1, $7, 200 in year 2, and $7, 500 in year 3. The appropriate risk-adjusted discount rate for the project is 10.5 percent. What is project's initial investment when the project's NPV is $2, 609.25? Assume the tax rate is zero. a) $15,000.00 b) $17, 609.25 c) $20, 218.50 d) $21, 500.00

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