4.6 You are deciding whether to send several of your employees to a training session. The cost...
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4.6 You are deciding whether to send several of your employees to a training session. The cost of the session is $20,000. You estimate that if they receive this training, your firm’s after-tax operating profit will increase by $5,000 per year for five years. If your firm’s discount rate is 7 percent, should you send the employees to the training session? Why or why not?
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