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a venture will provide a net cash flow of $57,000 in year 1. The annual cash flows are projected to grow at a rate of
a venture will provide a net cash flow of $57,000 in year 1. The annual cash flows are projected to grow at a rate of 7 percent per year forever. the project requires an intial investment of 739,000 and has a required return of 15.6 percent. The company is somewhat unsure about the growth rate consumption. at what constant rate of growth woud the company just break even?
A. 9.29 percent
B. 7.75 percent
C .9.48 percent
D. 7.89 percent
E. 8.49 percent
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