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Question - Consider an investment that gives the investor the following cash flow steam: (-10,5,10). Assume the first outflow occurs in period zero. The relevant per-period discount rate is 10%. What is the NPV of this cash flow?
a) 4.80
b) 3.00
c) None of the above
d) 2.75
Randell Company issues 7%, 10-year bonds with a par value of $150,000, What are the issuer's cash proceeds from issuance of these bonds
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