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Your company, "When Life Gives You Lemons Inc.", is thinking about expanding the number of stands that it currently has from 15 to 20. It will cost $200,000 today to complete the expansion. The expansion will permanently increase profits by $15,000 every year starting in one year's time. If the interest rate is 8% what is the PDV of the expansion project. Should the company do it.

Microeconomics, Economics

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