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please explain, no excel thank you! Darin Clay, the CFO of MakeMoney.com, has to decide between the following two projects: The expected rate of return
please explain, no excel
Darin Clay, the CFO of MakeMoney.com, has to decide between the following two projects: The expected rate of return for either of the two projects is 13 percent. What is the range of initial investment (/0) for which Project Billion is more financially attractive than Project Million? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) thank you! 
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
