A firm's optimal investment level is $2 million and its ROMI = 25%. If the hurdle rate
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Question:
A firm's optimal investment level is $2 million and its ROMI = 25%. If the hurdle rate is 15%, calculate the net return that the firm receives at optimal investment level.
Select one:
a.$4million
b.$0.5 million
c.$0.3 million
d.$1 million
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