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LaPorta Corporation plans to invest in a new project. The initial cost of the project is $272,250.00, with the following information summarized in the Table

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LaPorta Corporation plans to invest in a new project. The initial cost of the project is $272,250.00, with the following information summarized in the Table below. The LaPorta Corporation considers this project low risk; therefore, the Corporation uses a WACC of 11.45%. Required: After how many years should LaPorta Corporation abandon the project? You must show your work and explain your approach, step by step in your writing, to solve this problem in a few lines

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