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1. You are planning on investing in a new factory. The cashflows from the factory will start at $50,000. You estimate they can grow at

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1. You are planning on investing in a new factory. The cashflows from the factory will start at $50,000. You estimate they can grow at 2% and you plan to keep the factory in your business forever. If interest rates are 6%, how much are you willing to pay for this factory

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