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show work please. thanks 4. The Yurdone Company wants to set up a private cemetery business. The project is expected to provide a cash flow
show work please. thanks
4. The Yurdone Company wants to set up a private cemetery business. The project is expected to provide a cash flow of $135,000 in the first year. Cash flows are expected to grow 4.7% per year. The cost of the cemetery business is $1,575,000. If the required return is 12%, should the cemetery business be started? If the company is unsure about the 4.7% growth rate, what growth rate would be needed to earn a 12% returnStep by Step Solution
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