Your division is considering two investment projects, each of which requires an up-front expenditure of 20 million. You

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answerhappygod
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Your division is considering two investment projects, each of which requires an up-front expenditure of 20 million. You

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Your division is considering two investment projects, each of
which requires an up-front expenditure of 20 million. You estimate
that the investment will produce the following net cash flows:
Year
Project
A
Project
B
1
$5,000,000
$20,000,000
2

10,000,000

10,000,000
3
20,000,000

6,000,000
Show your work.
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