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Business, 02.04.2021 01:00 chayaharroch03

13. Suppose we can postpone investment three years and, with the new improved technology, the project will have similar risk but for an investment of $5 million will generate perpetual cash flows (beginning exactly one year after the investment) of $500,000. Would you recommend that we invest in the original project or wait three years to invest in the new project

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13. Suppose we can postpone investment three years and, with the new improved technology, the projec...
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