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1. A nuclear wast storage facility will reduce health risks in perpetuity, valued in the amount of $800,000 per year. The annual operating costs of
1. A nuclear wast storage facility will reduce health risks in perpetuity, valued in the amount of $800,000 per year. The annual operating costs of the facility are $150,000 in perpetuity. The discount rate is 6%. How high could the initial investment cost be for this investment to have an NPV > 0?
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