JCB (which makes agricultural and construction equipment) has the opportunity to purchase a new factory today that will provide them with a €50 million return four years from now. If prevailing interest rates are 6 percent, what is the maximum that the project can cost for JCB to be willing to undertake the project?

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The Answer of JCB (which makes agricultural and construction equipment) has the opportunity to purchase a new factory today that will provide them with a €50 million return four years from now. If prevailing interest rates are 6 percent, what is the maximum that the project can cost for JCB to be willing to undertake the project?

JCB (Which Makes Agricultural and Construction Equipment) Has the Opportunity