Question: Sonia is buying a project that will return $ 1 2 0 , 0 0 0 ? year for the first 5 - years, and

Sonia is buying a project that will return $120,000? year for the first 5-years, and $130,000? year for the next
5-years. She invests only if she can earn at least a 15% annualized return on any project. What is
the maximum price she should pay to own this project?
Sonia is buying a project that will return $120,000? year for

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