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RainMan Inc. is in the business of producing rain upon request. They must decide between two investment projects; a new airplane for seeding rain clouds or a new weather control machine built by Dr. Nutzbaum. The discount rate for the new airplane is 9%, while the discount rate for the weather machine is 39% (it happens to be higher risk) . Which investment should the company select and why?
Cameron Herold
An author and business coach known for his expertise in entrepreneurial growth and operational excellence.
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