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2 4 . Channel Tunnel Inc. plans to build an additional 2 3 - mile - long tunnel under the English Channel for added train
Channel Tunnel Inc. plans to build an additional milelong tunnel under the English Channel for added train service. The cost NINV of the tunnel is expected to be $ billion. Net cash inflows are expected to equal $ million per year. How many years must the firm generate this cash inflow stream for investors to earn their required percent rate of return? Use Table IV to answer the question. Round your answer to the nearest whole number.
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