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You have get promoted to a new position which requires you to evaluate a project that will generate its first cash flow of $15,000 in
You have get promoted to a new position which requires you to evaluate a project that will generate its first cash flow of $15,000 in one year. The subsequent cash flows are expected to grow at 2% annually forever. Considering its degree of risk, you think a discount rate of 5% is appropriate. The project requires an initial investment of $400,000. What would be your suggestion for this project
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