An auto-parts company is deciding whether to sponsor a racing team for a cost of $2112150. The

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An auto-parts company is deciding whether to sponsor a racing team for a cost of $2112150. The sponsorshipwould last for 10 years and is expected to have cash flows by $638645 per year. If the discount rate is 9.46%, what willbe the change in the value of the company if it chooses to go ahead with the sponsorship?

Posted Date: May 18, 2024 02:05 PM

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