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A project will generate $1 million net cash flow annually in perpetuity. If the project costs $7 million, what is the lowest WACC shown below

A project will generate $1 million net cash flow annually in perpetuity. If the project costs $7

million, what is the lowest WACC shown below that will make the NPV negative? A. 10% B. 12% C. 14% D. 16%

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