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Tamarisk Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $58000 for 5 years. The
Tamarisk Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $58000 for 5 years. The most that Johnson would be willing to spend on this project is PV of an Present Value of lat 8% Annuity Year of 1 at BX 0.926 0.926 2 0.857 1.783 0.794 2.577 0.735 3.312 0.681 1 3 4 5 3.993 O $39498 O $192096 O $146056 O $231594
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
978-0132148238
