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Two mutually exclusive incestment opportunities require an initial miestment of $7 million. Inu A pags $1,5/year in perpetuity, while invest 3 pays $1,2 millyears with

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Two mutually exclusive incestment opportunities require an initial miestment of $7 million. Inu A pags $1,5/year in perpetuity, while invest 3 pays $1,2 millyears with cash flows increasing by 3% year after that. At what cost of capital would an muestor regard both opportunittes as being equivalent

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