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Mead, Inc. may invest $ 2 0 million in a new fiber optic project. Due to market conditions, annual production costs and revenues are forecasted
Mead, Inc. may invest $ million in a new fiber optic project. Due to market conditions,
annual production costs and revenues are forecasted at $ million and $ million,
respectively, starting next year. Revenues are expected to grow at and interest rates are
What is the change in value if the project is commenced in years instead of today?
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