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QUESTION

The Webber Corporation is considering an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.

The Webber Corporation is considering an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years. a. Should the firm undertake the project if the interest rate is 10 percent?b. Should the firm undertake the project if the interest rate is 11 percent?

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