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Samsung invested $21,766 in the current year to expand its manufacturing capacity. Assume that these assets have an 8 -year life and generate net cash
Samsung invested $21,766 in the current year to expand its manufacturing capacity. Assume that these assets have an 8 -year life and generate net cash flows of $4,000 per year, and that Samsung requires a 7% return on its investments. (Samsung $s in millions.) Requlred: Compute break-even time. (Round "Break even time" answer to 1 declmal plece.)
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