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A new restaurant business is being founded by Chef Gordon Ramsay. His operating and maintenance expenses are $300,000 with an annual inflation rate of 3%. The capital investment is $50,000,000 and his suppliers will be producing 25,000,000 pounds of chicken annually. What flat rate should be charged per pound of chicken for the next 40 years to achieve an IRR of 25% in year 40?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92716213

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