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adotey adotey
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9 months ago
MB Hydro wishes to build a mini wind farm in Southern Manitoba. The initial cost to purchase all of the land will be $2,500,000. Costs are as follows: $1,000,000 for year two, $2,000,000 for year three and $4,000,000 for year four. Profits will be $500,000 in year one, $3,000,000 years two through five, $3,500,000 per year for years six through ten. The wind farms will need a technology boost, expected to cost $1,000,000 at the end of year five. Should MB Hydro proceed with the project and what is the value of the project today to MB Hydro? Money costs 4.6% compounded annually.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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Quiera730Quiera730
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9 months ago
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adotey Author
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9 months ago
You make an excellent tutor!
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This site is awesome
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