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A firm requires an investment of $15,000. If the firm borrows $6,000 at 8%, and wants to earn 55% return of the levered equity, what
A firm requires an investment of $15,000. If the firm borrows $6,000 at 8%, and wants to earn 55% return of the levered equity, what should be the cash inflow in year 1?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
