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You can make two different new products at your plant. Product #1 is expected to earn no profit in the first year, $500 in the
You can make two different new products at your plant. Product #1 is expected to earn no profit in the first year, $500 in the second year and $1,000 in the third year. Product #2 is expected to earn $500 per year for three years. Assume your cost of capital is 10%. Which product should you make?
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