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Potomac Real Estate is planning to invest in a new development project. The cost of the new development will be $27 million. The project is expected to generate $12,250,000, $20,064,000, and $24,000,000 over the next three years. If the appropriate discount rate is 12 percent, what is the NPV of the project. Round to the nearest dollar

$29,314,000

$17,015,124

$12,320,000

$17,925,000

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M943429

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