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maximum expected amount of money the entrepreneur can raise? An entrepreneur is considering a project that will cost them $44 million initially wi a cost
maximum expected amount of money the entrepreneur can raise? An entrepreneur is considering a project that will cost them $44 million initially wi a cost of capital of 2%, but will then generate expected profits of $6 million per year forever. In perfect capital markets (no taxes) what is the maximum expected amount of money (in millions of $ s) the entrepreneur can raise? (round answer to the nearest million - for example $5,200,111.33918 would be "5")
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