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You have just been offered a contract worth $1 mil per year for 5 years However . to take the contract , you will need

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You have just been offered a contract worth $1 mil per year for 5 years However . to take the contract , you will need to purchase some new equipment , Your discount rate for this project is 129 . You are still negotiating the purchase price of the equipment . What is the most you can pay for the equipment and still have a positive NPY

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