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LaFinistra Corporation plans to invest in one of the new projects, and the cost of that project is $272,250.00, with the following information, summarized in
LaFinistra Corporation plans to invest in one of the new projects, and the cost of that project is $272,250.00, with the following information, summarized in the Table below. This project is considered by the Corporation of low risk; therefore, the Corporation uses a WACC of 10.21% for this project. Required: After how many years should LaFinistra Corporation abandon the project? Make sure to show your work and explain your approach in writing in a few lines
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