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34. Consider a project with the following cash flows: year 1, −$400; year 2, $200; year 3, $600; year 4, −$900; year 5, $1000; year 6, $250; year 7, $230. Assume a discount rate of 15% per year.
- a. Find the project’s NPV if cash flows occur at the ends of the respective years.
- b. Find the project’s NPV if cash flows occur at the beginnings of the respective years.
- c. Find the project’s NPV if cash flows occur at the middles of the respective years.
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Practical Management Science
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- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,