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5.26 Suppose that you undertook an investment project with the following estimated cash flows: At the end of year 3 , you have received an
5.26 Suppose that you undertook an investment project with the following estimated cash flows: At the end of year 3 , you have received an offer to buy the project from another firm; what minimum price would be the fair price to ask? Here your required return on investment is 15%
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