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to build a private plane airport in Gastonia that will last for 7 years is expected to have equal annual free cash flows of $101,200
to build a private plane airport in Gastonia that will last for 7 years is expected to have equal annual free cash flows of $101,200 during the airport's life. If the required return
is 8.7 percent for this private plane airport in Gastonia, what maximum initial investment would make this project acceptable?
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
