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A small start-up biotech firm anticipates (8)that it will have cash outflows of $230,000 per year at the end of the next 3 years.
A small start-up biotech firm anticipates (8)that it will have cash outflows of $230,000 per year at the end of the next 3 years. Then the firm expects a positive cash flow of $50,000 at the end of year 4 and positive cash flows of $200,000 at the end of year 5 to 9. Based on PW analysis, would you invest money in this company if your MARR is 10% per year? - PW value = Your decision:
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Engineering economy
Authors: Leland Blank, Anthony Tarquin
7th Edition
9781259027406, 0073376302, 1259027406, 978-0073376301
