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You have $10 million in a local bank account earning the current risk-free rate of 4% interest per year, compounded annually. You are thinking about

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You have $10 million in a local bank account earning the current risk-free rate of 4% interest per year, compounded annually. You are thinking about using this $10 million to open a recreational vehicle manufacturing plant in Goshen, Indiana. Your assistant has done some research and has identified four publicly traded companies that manufacture recreational vehicles, Information on these companies is provided in the table below. Publiclv traded recreational vohicla comnanian True or False. You should use a cost of capital of 4% to evaluate whether or not you should open up the recreational vehicle manufacturing plant. a. True b. False

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