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A company (MARR = 8%) is considering an investment as follows: The company is facing both a liquidity and serious credit problems. The company is
A company (MARR = 8%) is considering an investment as follows: The company is facing both a liquidity and serious credit problems. The company is offered a high-interest line of credit of 9.5% interest rate to be repaid as a lump sum in year 8. How much can the company borrow to fund this investment and meet its acceptable profit standard
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