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Maude Company's required rate of return on capital budgeting projects is 10%. The company is considering an investment that would yield a cash flow of

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Maude Company's required rate of return on capital budgeting projects is 10%. The company is considering an investment that would yield a cash flow of $12,000 per year for ve years. Ignoring taxes, what is the most that the company will be willing to invest in this project

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