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Darin Clay, the CFO of MakeMoney.com, has to decide beween the following two projects: ear Project Milliom Project Billion o -$2,600 10 + 300
Darin Clay, the CFO of MakeMoney.com, has to decide beween the following two projects: ear Project Milliom Project Billion o -$2,600 10 + 300 3 1,100 1 ,900 1,100 1,900 3,000 The expected rate of return for either of the two projects is 14 percent. What is the range of initial investment (10) for which Project Billion is more financially attractive than Project Million? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Initial investment (Click to select)
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