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Business, 20.12.2019 20:31 johnjohnthornhi17

Third state bank wants to add a new branch office. it has determined that the cost of construction of the new facility will be $1.5 million with another $500,000 in organizational costs. the bank has estimated that it will generate $319,522 per year in net revenues for 20 years. if third state requires a 17% return on its money, what is this project's net present value?

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