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A companys weighted average cost of capital is 8.9% per year. A project requires a capital investment of $250,000 today and its operating costs will
A companys weighted average cost of capital is 8.9% per year. A project requires a capital investment of $250,000 today and its operating costs will be $90,000 per year for four years. What is the present value of the projects costs?
Please show how to work the problem. Thanks
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