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A project has an initial cost of I, has a required return of R, and pays C annually for N years. a. Find C in

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A project has an initial cost of I, has a required return of R, and pays C annually for N years. a. Find C in terms of land N such that the project has a payback period just equal to its life. b. Find C in terms of I, N, and R such that this is a profitable project according to the NPV decision rule

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