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White Company's required rate of return on capital budgeting projects is 12%. The company is considering an investment opportunity which would yield a cash flow

White Company's required rate of return on capital budgeting projects is 12%. The company is considering an investment opportunity which would yield a cash flow of $ 12,000 in four years. What is the most that the company should be willing to invest in this project? $2,774. $7,632 $17,637. $36,050

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