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Due to cost overruns, a factory has cost, so far, $4 million to build. It will be useless (not even Having scrap value) unless completed,
Due to cost overruns, a factory has cost, so far, $4 million to build. It will be useless (not even
Having scrap value) unless completed, but this will take another $2 million. If completed, the
Factory will produce future revenues whose present value is worth $3 million to the firm.
Should the factory be completed? Can you please show your work.
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