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Question 4 1 pts Your firm has been offered a new contract. If you take the contract you will be paid $1 million a year

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Question 4 1 pts Your firm has been offered a new contract. If you take the contract you will be paid $1 million a year starting next year for 5 years (5 total payments). But in order to take the contract you will need to buy new equipment in year 0. You are still negotiating the purchase price for the new equipment. What is the most you can pay for the equipment and not have a negative NPV? Assume the discount rate is 12%. $3.6 million O $5 million O $2.6 million O $3 million

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