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You are investing in a project today. For the first three years, the project generates no cash flows. Starting from year 4, the project will

You are investing in a project today. For the first three years, the project generates no cash flows. Starting from year 4, the project will generate $3 million every year forever. What is the value of the project today if the annual interest rate is 5%? O $49.36 million O $57.14 million $60 million $51.83 million 4 pts Question 19

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