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Billy Bob Czajkowski is analyzing an investment with the following future annual cash flows: CF1 $32,000 CF2 $38,000 CF3 $54,000 CF4 $143,000 a. Assuming that
Billy Bob Czajkowski is analyzing an investment with the following future annual cash flows: CF1 $32,000 CF2 $38,000 CF3 $54,000 CF4 $143,000 a. Assuming that Billy Bob has a required rate of return of 13%, what is the most he can invest and still earn that rate? b. If Billy Bob is able to make the investment for $140,000, what rate of return will he earn
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