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Reading from Brealey, Myers, Marcus Fundamentals of Corporate Finance (sixth edition) In Chapter 9 of your textbook, read the section on page 273 regarding MidAmerican's
Reading from Brealey, Myers, Marcus Fundamentals of Corporate Finance (sixth edition)
In Chapter 9 of your textbook, read the section on page 273 regarding MidAmerican's Wind Power Project. Without tax breaks, it seems that this project would not be profitable. Does it seem fair that the government would subsidize a project that does not appear to be profitable?
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