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pleas please ans New Med Corporation is a rapidly growing biotech company that has a required rate of return of 14%. it plans to build

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New Med Corporation is a rapidly growing biotech company that has a required rate of return of 14%. it plans to build a new facili Santa Clara County. The building will take 2 years to complete. The building contractor offered New Med a choice of three payme plans, as follows: 0 (Click the icon to View the data} Present Value of $1 table Present Value ofAnnuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Read the @uirements. 0 Requirements - X entplans being 1. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Med. 2. Which payment plan should New Med choose? Explain. 3. Discuss the nancial factors, other than the cost of the plan, and the nonfinancial factors that should be considered in selecting an appropriate payment plan. Print Done

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