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You have just been offered a contract worth 51 16 million per year for 7 years. However to take the contract, you will need to

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You have just been offered a contract worth 51 16 million per year for 7 years. However to take the contract, you will need to purchase some new equipment Your discount rate for this project is 12.4% 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 NPV? The most you can pay for the equipment and achieve the 124% annual retum is simillon (Round to two decimal places)

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