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51.An investor contributes £2,,500,000 to a new venture capital project that is expected to earn £7,500,000 at the end of year 5 if it is successful.The probabilities of failure for the project are provided in the table below: If the cost of capital for the JV is 12%,the project's expected NPV is closest to: -£560,674 -£1,140,964 £1,701,638 |
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