Barrett pharmaceuticals is considering a drug project that, Ask an Expert

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Barrett Pharmaceuticals is considering a drug project that costs $2.47 million today and is expected to generate end-of-year annual cash flows of $221,000 forever.

At what discount rate would Barrett be indifferent between accepting or rejecting the project? (Round your answer to 2 decimal places (e.g., 32.16))

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91265575

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