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Hello, could I please get some help with this question! Thank you! Consider the previous question: A company is considering an investment in a new

Hello, could I please get some help with this question! Thank you!

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Consider the previous question: A company is considering an investment in a new product with a 10uyear horizon [product will be sold for 10 years). 1he upfront investment is $7 million and it is assumed to depreciate on a straight-line basis for 10 years. with no residual value. Fixed costs are assumed to be $50033!) per year. 111e company estimates variable cost per unit (v) to be $75 and expects to sell each unit for $315. 1here are no taxes and the required rate 01 return is 2% per year. Assume that the investment would occur today, and all future cash-ows will occur at the end of each year beginning in one year. What is the financial breakeven quantity? E

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