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Tri-Facet Company requires a return of 16% on its capital budgeting projects. Tri- Facet is considering an investment opportunity that would yield a single cash

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Tri-Facet Company requires a return of 16% on its capital budgeting projects. Tri- Facet is considering an investment opportunity that would yield a single cash flow of $15,500 3 years from today. What is the most that Tri-Facet should pay to invest in this project? $15,500.00 $34,813.00 $9,935.50 $5,564.50

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