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An auto - parts company is deciding whether to sponsor a racing team for a cost of $ 1 million. The sponsorship would last for
An autoparts company is deciding whether to sponsor a racing team for a cost of $ million. The sponsorship would last for three years and is expected to increase cash flows by $ per year. If the discount rate is what will be the change in the value of the company if it chooses to go ahead with the sponsorship?
A $
B $
C $
D $
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