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A project has annual NPV break-even level of sales of $4,991,000. The annual net cash flows can be calculated as (0.22 x sales- $205,000 ).
A project has annual NPV break-even level of sales of $4,991,000. The annual net cash flows can be calculated as (0.22 x sales- $205,000 ). The project has a 8-year life and the company's cost of capital is 9.20%. Ignoring the impact of depreciation and taxes, what is the most that should be invested in this project ?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
