A venture will provide a net cash flow of $57,000 in year 1. The annual cash flows
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A venture will provide a net cash flow of $57,000 in year 1. The annual cash flows are projected to grow at a rate of 7 percent per year forever. the project requires an initial investment of 739,000 and has a required return of 15.6 percent. The company is somewhat unsure about the growth rate consumption. at what constant rate of growth would the company just break even?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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