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Would be profitable to expand julie and bill razorback

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Question 1: Would it be profitable to expand Julie and Bill Razorback's hog operation at a cost of $30,000? The expected cash flows in years one through five are $6,000, $7,000, $7,500, $7,000, and $7,000, respectively. Inflation is 6% and the time preference rate is 2%.

Reference no: EM132495715

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