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    mayow's Avatar
    mayow Posts: 1, Reputation: 1
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    Mar 10, 2010, 09:25 PM
    Cannon Company is considering a capital project that will return $100,000 each year f
    A company is considering a capital project that will return $100,000 each year for five years. At the company's hurdle rate of 10%, the present value of the annuity is $379,100. If the return on investment in the first year is $37,910, what is the return of investment that year?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    Mar 11, 2010, 02:35 AM
    Hi, mayow!

    Are you looking for direct answer to your question, or for someone to come along and show you how to come up with the correct answer yourself, please?

    If the former is true, then you might want to click on the following link to read the announcement there.

    https://www.askmehelpdesk.com/financ...-b-u-font.html

    Thanks!
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