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Use the information for the question(s) below.
You own a small manufacturing plant that currently generates revenues of $2 million per year.Next year,based upon a decision on a long-term government contract,your revenues will either increase by 20% or decrease by 25%,with equal probability,and stay at that level as long as you operate the plant.Other costs run $1.6 million per year.You can sell the plant at any time to a large conglomerate for $5 million and your cost of capital is 10%.
-Assume that you are not able to sell the plant,but you are able to shut down the plant at no cost at any time.Given the embedded option to abandon production,the value of your plant will be closest to:
Native Americans
The indigenous peoples of the United States, including the various tribes and nations prior to European colonization and their descendants.
Enslaved People
Individuals forcibly taken into bondage and deprived of personal freedom for the purpose of labor or servitude.
Total Population
Total population refers to the entire number of people inhabiting a particular country, region, or area, measured at a certain time.
Loyalists
Colonists who remained loyal to Great Britain during the War of Independence.
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