Question: a . A new product project that costs $ 1 0 million comes along. You have a 1 0 % cost of capital. It has

a. A new product project that costs $10 million comes along. You have a 10% cost of capital. It has a cash flow of $5 million in the first year, but you arent sure how much the cash flow in the second period will be. What does it have to be before you proceed with the project?

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