A company is considering entering into a new marketing campaign. If it engages in this marketing campaign,
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Question:
A company is considering entering into a new marketing campaign. If it engages in this marketing campaign, it must pay $ immediately and $ each at the end of year and year The company believes its annual revenues due to the marketing campaign will be $ at the end of year $ at the end of year and $ at the end of year What is the annual equivalent worth of this marketing campaign over the next three years? The interest rate is compounded annually.
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