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Question 3 (10 points): Assume an investment of $100,000 at the present time. There are two possible situations for this project: . Success: The annual

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Question 3 (10 points): Assume an investment of $100,000 at the present time. There are two possible situations for this project: . Success: The annual revenue of $40,000 for 10 years (from year 1 to 10. .Failure: Zero annual revenue and the salvage value of 50,000 at the end of year 1. What is minimum success probability that project can be economically satisfactory? Assume 10% minimum interest rate of return

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