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Cycling & Co. has an investment opportunity with an NPV of 140. This opportunity requires an investment of 35 today. Cycling & Co. has 8

Cycling & Co. has an investment opportunity with an NPV of 140. This opportunity requires an investment of 35 today. Cycling & Co. has 8 million shares outstanding and it has no other assets or investments. What is the fair price for each share of Cycling & Co.?

Select one: a. 17.50 b. 13.12 c. 10.30 d. 21.88

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