The firm has a 75 chance if it invests -1500 a return of


The firm has a 75% chance if it invests -$1,500 a return of $500 for 7-years, and a 25% chance of returning $25 for 7-years. Based on the above data, what is the project's net present value?

a)-$1,312,456

b)-$1,104,607

c)-$875,203

d)$105,999

e)$321,788

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Financial Management: The firm has a 75 chance if it invests -1500 a return of
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