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please show work You have been asked to analyze the net present value of a project. The project has expected after-tax cash flows of $

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You have been asked to analyze the net present value of a project. The project has expected after-tax cash flows of $ 20 million for the first year, $ 25 million for the second year and $ 30 million for year 3. The cash flows are expected to grow at a constant rate after year 3, forever. If the initial investment is $ 300 million and the cost of capital is 12%, how high would the growth rate have to be after year 3 to justify taking this project? O a. 2.88% O b. 3.41% O C.-9.88% O d. 4.22%

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