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A COMPANYS REQUIRED RATE OF RETURN ON CAPITAL BUDGETING IS 15%. THE COMPANY IS CONSIDERING AN INVESTMENT WHICH WOULD YIELD A CASH FLOW OF 20,000$
A COMPANYS REQUIRED RATE OF RETURN ON CAPITAL BUDGETING IS 15%. THE COMPANY IS CONSIDERING AN INVESTMENT WHICH WOULD YIELD A CASH FLOW OF 20,000$ IN FIVE YEARS. WHAT IS THE MOST THAT THE COMPANY WOULD BE WILLING TO INVEST IN THIS PROJECT
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