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Question 16 5 pts A firm has no patents and faces a very high degree of competition. It spends $100,000 building a new plant
Question 16 5 pts A firm has no patents and faces a very high degree of competition. It spends $100,000 building a new plant and the plant lasts for three years. The cash flow from the plant is as follows: year 1: +$34,300; year 2: +$34,300; and year 3: +$58,300. The firm has no other plants. What is the expected return that the firm's investors are likely to earn? O Negative 11.72% 11.72% 0% 20% O Cannot be calculated from the information provided
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