Question
M& B is considering investing in Project X which requires an initial investment of P15,000. The firm`s cost of capital is 9%. The project is
M& B is considering investing in Project X which requires an initial investment of P15,000. The firm`s cost of capital is 9%. The project is expected to last for six years and provide an annual cash flow of P3,000. What is this projects breakeven cash flow?
A. P3,434.00
B. P3,334.00
C. P3,344.00
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
