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You have just been offered a contract worth $1.12 million per year for 6 years. However to take the contract you will need to purchase
You have just been offered a contract worth $1.12 million per year for 6 years. However to take the contract you will need to purchase some new equipment. Your discount rate for this project is 12 16 You will negotiating the purchase price of the equipment What is the mast you can pay for the equipment and still have a positive NPV2 The most you can pay for the equipment and achieve the 12.1% annual return is 5 million (Round to two decimal places)
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