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You are examining a project which will have positive cash flows of $6,450,000 for 10 years. The required rate of return for the project is
You are examining a project which will have positive cash flows of $6,450,000 for 10 years. The required rate of return for the project is 19.25%. What is the most you would pay at time zero for this project?
$27,500,000
$28,000,000
$27,250,000
$27,000,000
$27,750,000
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