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A company is considering two mutually exclusive expansion plans. Plan A requires a $ 4 0 million initial outlay on a large - scale integrated
A company is considering two mutually exclusive expansion plans. Plan A requires a $ million initial outlay on a largescale integrated plant that would provide expected cash flows of $ million per year for years. Plan B requires a $ million initial outlay to build a somewhat less efficient, more laborintensive plant with expected cash flows of $ million per year for years. The firm's WACC is
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