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Exercise


Nov 20'23

Answer

Solution: D

Equate net present values:

[[math]] \begin{array}{c}{{-4000+2000\nu+4000\nu^{2}=2000+4000\nu-X\nu^{2}}}\\ {{\frac{4000+X}{1.1}=6000+\frac{2000}{1.1}}} \\ X= 5460. \end{array} [[/math]]

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