7. In Tab 3, Question 5, did the change in the discount rate from $380.56...

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Accounting

7. In Tab 3, Question 5, did the change in the discount rate from $380.56 to $77.76 make proceeding with the purchase more or less desirable? What do you conclude from this result? Discuss the role of the required return (discount rate) in LGI's decision-making processes.

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