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- The Adam Corporation is evaluating a project to setup a plant to manufacture electronic gadgets. - According to the CFO, the business appears to
- The Adam Corporation is evaluating a project to setup a plant to manufacture electronic gadgets. - According to the CFO, the business appears to be profitable with growth opportunities. - The project will provide a net cash inflow of $415,000 for the firm during the first year. - Cash flows are projected to grow at a rate of 3.8 percent per year forever. - The project requires an initial investment of $4,700,000. - If the company requires a return of 11 percent on such projects, should the business be started
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