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QUEBECs cost of capital is 10%. If the present value of the return from this investment is exactly equal to the present value of the

QUEBECs cost of capital is 10%. If the present value of the return from this investment is exactly equal to the present value of the purchase price of this investment the return on this investment is:

Select one:

a. Exactly 10%

b. Greater than 10%

c. Less than 10%

d. Cannot determine from the data given

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