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27. Wentworth Limited, a large conglomerate firm, plans to build a new toll way. The cost (NINV) of the project is expected to be $2
27. Wentworth Limited, a large conglomerate firm, plans to build a new toll way. The cost (NINV) of the project is expected to be $2 billion. Net cash inflows are expected to equal $550 million per year. How many years must the firm generate this cash inflow stream for investors to earn their required 22 percent rate of return?
A. Around 8 years B. Around 4 years C. Around 5 years D. Around 10 years
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