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Business, 24.12.2019 18:31 bankscorneliuso39

An investor is considering a project that will generate $900,000 per year for four years. in addition to upfront costs, at the completion of the project at the end of the fifth year there will be shut-down costs of $400,000 . if the cost of capital is 4.4%, based on the mirr, at what upfront costs does this project cease to be worthwhile? a) $2.62 millionb) $3.21 millionc) $2.91 milliond) $3.50 million

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