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Business, 24.05.2021 17:10 DRock4976

A firm is considering an investment into a new technology that would lower costs and increase their profits over the foreseeable future. The technology costs $1 million today and will increase profits by $100 thousand per year. What is the minimum annual discount factor in which the firm is willing to make the investment? a. 0.95
b. 0.8
c. 0.9
d. 0.7

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