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Reigle Pharmaceuticals is considering a drug project that costs $1,650,000 today and is expected to generate end-of-year annual cash flows of $185,000 next year, which
- Reigle Pharmaceuticals is considering a drug project that costs $1,650,000 today and is expected to generate end-of-year annual cash flows of $185,000 next year, which is expected to grow at the rate of 2% forever. At what discount rate would the company be indifferent between accepting or rejecting the project?
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
