Markovich corporation is considering building a new plant, Ask an Expert

Economics

Markovich Corporation is considering building a new plant. It will cost $1 million today to build it and it will generate revenues of $1.121 million three years from today. Of the interest rates below, which is the highest interest rate at which Markovich still would be willing to build the plant?

1. 3 percent

2. 4.5 percent

3. 3.5 percent

4. 4 percent

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91226014

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