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Find what is the most that company will be willing to invest

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Reference no: EM132523976

Question 1: Maude Company's required rate of return on capital budgeting projects is 9%. The company is considering an investment that would yield a cash flow of $12,000 per year for five years. Ignoring taxes, what is the most that the company will be willing to invest in this project?

Reference no: EM132523976

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