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A company had a current share price of $ 5 0 , and the firm had 1 , 0 0 0 , 0 0 0

A company had a current share price of $50, and the firm had 1,000,000 shares of stock outstanding. The company is considering an investment project that requires an immediate$2,500,000 investment and will produce a single cash flow of $6,200,000 after 3 years then close. If the company invests in the project, what would the new share price be? The company cost of capital is 10%

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