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Business, 06.05.2020 17:03 emmaishere69

Irving owns a chain of movie theaters. He is considering whether he should build a new theater downtown. The expected rate of return is 15 percent per year. He can borrow money at a 12 percent interest rate to finance the project. Should Irving proceed with this project?

a) yes

b) no

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Answers: 2

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Irving owns a chain of movie theaters. He is considering whether he should build a new theater downt...

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