Ladymann Corporation is considering spending $32,000 to install a new air handling system that should provide a perpetually growing stream of cash for the company, with the first year being $3,500 and future years growing at 3%. If the opportunity cost of capitol is 9% who is the highest the required discount rate could be (rounded to two places) for this to still be a viable project?

Answer rating: 100% (QA)

To determine the highest required discount rate for this project to be viable we need to calculate t... View the full answer