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Given the following information, how much can net revenues decline before hitting break even? Project Cost: $50,000 Yearly net revenues ( for 8 years ):

Given the following information, how much can net revenues decline before hitting break even?

Project Cost: $50,000

Yearly net revenues ( for 8 years ): $20,000

Ongoing Project cost (for 8 years): $1,000

Salvage Value (in year 8): $2,500

Discount rate: 12%

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