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A firm is considering a project that costs $100,000 today and is expected to generate an unknown but equal amount of annual cash flows for

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A firm is considering a project that costs $100,000 today and is expected to generate an unknown but equal amount of annual cash flows for the next 5 years. At a discount rate of 20%, how much should the annual cash flow be so that the firm is indifferent between accepting and rejecting the project? a $25,348 b. $33,438 c. $38,419 d. $45,2085

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