If a project operates at cash-flow break-even for its entire life, what must be true of the
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Define the cash-flow break-even point as the sales volume (in dollars) at which cash flow equals zero. Is the cash-flow break-even level of sales higher or lower than the zero-profit break-even point?
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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