Your company will generate $45,000 in cash flow each year for the next nine years from a

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Your company will generate $45,000 in cash flow each year for the next nine years from a new information database. The computer system needed to set up the database costs $260,000. If you can borrow the money to buy the computer system at 8.25 percent annual interest, can you afford the new system?

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Essentials Of Corporate Finance

ISBN: 9780073382463

7th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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