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Sunrise Corporation has a ROI of 13%. One of its divisions, which currently has a 15% ROI and $750,000 of residual income (RI), is given

Sunrise Corporation has a ROI of 13%. One of its divisions, which currently has a 15% ROI and $750,000 of residual income (RI), is given the opportunity to invest in a project. The project will reduce the division's ROI but produce $120,000 of residual income. If Sunrise strives for goal congruence, the investment:

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Sound Investing, Chapter 8 - Revenue Hoaxes

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