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Based on the CF analysis-Modernize and CF analysis-Unmodernized Excel worksheets, determine if we should expect the integrated steelmakers to modernize mills that are currently unmodernized.Why

  1. Based on the"CF analysis-Modernize"and"CF analysis-Unmodernized"Excel worksheets, determine if we should expect the integrated steelmakers to modernize mills that are currently unmodernized.Why or why not?Assume they follow traditional investment criterion (NPV or IRR) rather than Nucor's ROA.

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