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Consider the following two investment alternatives. Determine the maximum investment cost for B (shown as X in the table below) that will convince an investor

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Consider the following two investment alternatives. Determine the maximum investment cost for B (shown as X in the table below) that will convince an investor to select Alternative B. Assume a hurdle rate of 10% per year, and other relevant data as shown in the following table. State clearly any assumptions that are necessary to support your answer. Assume infinite repeatability

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