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Business, 09.02.2022 18:00 antoniomunoz424

Brutus Buckey Auto-Parts Company is deciding whether to sponsor a racing team for a cost of $1 million. The sponsorship would last for three years and is expected to increase cash flows by $570,000 per year. If the discount rate is 6.9%, what will be the change in the value of the company if it chooses to go ahead with the sponsorship?

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Brutus Buckey Auto-Parts Company is deciding whether to sponsor a racing team for a cost of $1 milli...
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