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22. An auto parts company is deciding whether to sponsor a nucing team for cont of million. The sponsorship would last for three years and

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22. An auto parts company is deciding whether to sponsor a nucing team for cont of million. The sponsorship would last for three years and is expected to increase cash flow by $570,000 per year. If the discount rate is what will be the change in the value of the company if it chooses to go ahead with the sponsorship? 5498,597 b. 5747,896 c. $797,756 d. 847,615

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