Problem

Recalculate the NPV of the office building venture in Section 2.1 at interest rates of 5,...

Recalculate the NPV of the office building venture in Section 2.1 at interest rates of 5, 10, and 15%. Plot the points on a graph with NPV on the vertical axis and the discount rates on the horizontal axis. At what discount rate (approximately) would the project have zero NPV? Check your answer.

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