Question
A project that has an initial cost of $5,000 will provide the following expected cash flows: Year 1: 2,300 Year 2: 3,200 Year 3: 1,600
A project that has an initial cost of $5,000 will provide the following expected cash flows: Year 1: 2,300 Year 2: 3,200 Year 3: 1,600
What is the break-even cost of capital for this project? a) 18.63% b) 20.86% c) 22.73% d) 17.50% e) 21.50% 5 Previous Page Next Page
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
