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Assume that the terminal value in year 5 is 2,000,000 (note: this is not the correct answer for Question 4). What is the net present value (NPV) of the whole project?
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How much money would you have had to invest on 1/1/2010 in a savings bond that yields 4% interest (compounded quarterly) to have $100 on 1/1/2011?
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