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Suppose that Home Depot is considering adding a second store to the local area. The company wants a 13.00% return on any new investment. The
Suppose that Home Depot is considering adding a second store to the local area. The company wants a 13.00% return on any new investment. The store is expected to generate an annual cash flow of $1,175,185.00 into the foreseeable future. How much can Home Depot invest in this new store and meet investors desired return?
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