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Section B: Small Exercises (10 Marks) B1: Mark is considering a project with an outflow of $25,000 immediately. Projected future real cash flows are $3,000
Section B: Small Exercises (10 Marks) B1: Mark is considering a project with an outflow of $25,000 immediately. Projected future real cash flows are $3,000 per year indefinitely into the future. Required: If the firm has a required rate of return of 13 percent, should the project be undertaken? [SK1, AR1: 5 marks]
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