Ou are deciding between two mutually exclusive investment opportunities. Both require the same initial investment of $ 10 million. Investment A will generate $ 2.5 million per year (starting at the end of the first year) in perpetuity. Investment B will generate $ 1.6 million at the end of the first year, and its revenues will grow at 3.1 % per year for every year after that. Use the incremental IRR rule to correctly choose between investments A and B when the cost of capital is 6.9 %. At what cost of capital would your decision change?

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

This question seems like it should be quite hard although it reall just wants you to subtract.92-8.7=83.3