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A start - up chemical company has an average cost of capital of 1 5 % per year. Additionally, it has a long - term
A startup chemical company has an average cost of capital of per year.
Additionally, it has a longterm goal of making at least a per year rate of return on
all investments; however, because of market opportunity the ROR can be reduced for
the current project by If the company acquired $ in venture capital,
how much did it have to earn in the first year?
In the first year, the chemical company had to earn $
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