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How much cash flow before tax and interest is necessary to support a project that requires $4 million annually for equity investors and $2 million
How much cash flow before tax and interest is necessary to support a project that requires $4 million annually for equity investors and $2 million annually in interest payments if the firm's tax rate is 35%?
$7.40 million | |
$8.10 million | |
$8.15 million | |
$8.85 million |
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