A firm invests 3 million in a project which will yield a, Financial Management

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A firm invests 3 million in a project which will yield a

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A firm invests $3 million in a project which will yield a perpetuity of $1million per year. What is the discount rate r for which this project's PV is $4.5 million?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: A firm invests 3 million in a project which will yield a

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