Question: Time left 1:40:23 - 41 This question is worth 6 marks. Please show any formulas that you are using and calculations od out of A
Time left 1:40:23 - 41 This question is worth 6 marks. Please show any formulas that you are using and calculations od out of A company is evaluating an investment that has infinite life. The first year's sales are expected to be $120 and the first year costs are projected to be $75. All sles and costs are before tax and the tax rate is 30%. Both sales and costs are projected to increase each year by inflation which is forecasted at 2.5%. The real required return is 10%. The project cost is $450. Should the company undertake the investment
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