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Natural gas energy company must chose between 2 mutually exclusive extraction projects and each costs 12m under plan d all natural gas would be extracted
Natural gas energy company must chose between 2 mutually exclusive extraction projects and each costs 12m under plan d all natural gas would be extracted in 1 year producing a cash flow at t=1 of 14.4 million under plan e cash flows would be 2.1 million per year for 20 years the firms wacc is 13%
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