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What the npv of the project

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Question - X corporation is a Canadian company and its new subsidiary in Chile is operational from 2021. The initial investment is $1.25 Million.  It is expecting a remittance of 20 million pesos (CLP) every year for the next 2 years. CLP/CAD =$ 0.0018 and is not expected to change. If the required rate of return is 18%, what the NPV of the project?

Reference no: EM133022320

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