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Samsung invested $21,?66 in the current year to expand its manufacturing capacity. Assume thatthese assets have an 8year life and generate net cash flows of
Samsung invested $21,?66 in the current year to expand its manufacturing capacity. Assume thatthese assets have an 8year life and generate net cash flows of $4,000 neryear= and that Samsung requires a 7% return on its investments. {Samsung 5's in millions.) Required: Compute break-even time. (Round "Break even time" answer to 1 decimal place} 9 Answer is complete but not entirely correct
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