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The new company you work for, Seed Presence Inc., is evaluating a potential project to expand production with a new facility. The investment project has
The new company you work for, Seed Presence Inc., is evaluating a potential project to expand production with a new facility. The investment project has a net present value of million if it becomes successful, and a net present value of million if it is a failure. What is the minimum probability of success above which you should make the investment?
Student hints: consider the break even point
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