=+a. The chapter opener reported that the project had an NPV of $44.2 million and an internal

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=+a. The chapter opener reported that the project had an NPV of $44.2 million and an internal rate of return of 34.8%. From those two facts alone, what can you conclude about Maritime’s cost of capital?

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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