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Suppose Hook requires 50% of operating cash flows in years 1-3 be retained in Hook's treasure chest at a 0% interest rate while iFCr= 34%.

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Suppose Hook requires 50% of operating cash flows in years 1-3 be retained in Hook's treasure chest at a 0% interest rate while iFCr= 34%. What is the value of this Neverland project with blocked funds provision

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