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XYZ Corporation wants to set up a private cemetery business. According to the CFO, business...

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Accounting

XYZ Corporation wants to set up a private cemetery business. According to the CFO, business is looking up. As a result, the cemetery project will provide a net cash inflow of $415,000 for the firm during the first year, and the cash flows are expected to grow at a rate of 3.8% per year forever. The project requires an initial investment of $4,700,000. The company is somewhat unsure about the assumption of a growth rate

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