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16 As corporate manager for acquisitions, your group is assessing a project that is expected to produce cash flows of $750 at the end of
16
As corporate manager for acquisitions, your group is assessing a project that is expected to produce cash flows of $750 at the end of year 1,$1,000 at the end of year 2,$850 at the end of year 3 , and $2,800 at the end of Year 4 . If the firm requires a minimum IRR or "hurdle rate" of 10% for these types of investments, what is most you should pay for this project? Your answer should be between 2738.00 and 4355.00, rounded to 2 decimal places, with no special characters Step by Step Solution
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