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15. XYZ Company, with a cost of capital of 8 percent, is considering investing in project Z, with an initial investment of $70,000. Project Z
15. XYZ Company, with a cost of capital of 8 percent, is considering investing in project Z, with an initial investment of $70,000. Project Z is expected to provide equal cash inflows over its 15 year useful life. Based on this information, the breakeven cash inflow for the project is $_______. (Please calculate the arithmetic solution and show your work)
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