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Steve's burger is looking to make an initial investment of $100,000 (cash out flow) The cash profits are expected to be $25,000 per year for
Steve's burger is looking to make an initial investment of $100,000 (cash out flow) The cash profits are expected to be $25,000 per year for the next five years .if Steve's burgers cost of capital is 12% shouldn't make the investment why or why not?
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
