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An auto parts company is deciding whether to sponsor a racing team for a cost of 51 million The sponsorship would last for three years
An auto parts company is deciding whether to sponsor a racing team for a cost of 51 million The sponsorship would last for three years and is expected to increase cash flows by 5600.000 per year if the discount rate is 7.7% what will be the change in the value of the company will chooses to go ahead with the sponsorship? O A 5832,000 OB. $942.933 OC. 5887 467 D. 5554 667
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