Mac Company requires a 15% return on its investments. It is considering launching a new ergonomic chair that will sell for $500 and cost $200 per unit to make. Fixed costs will be $1 million per year, and the initial investment for the new product will be $4 million. The company expects the project to last for 10 years, after which there will be innovations that will cause the product to be obsolete. Calculate the nancial break-even point for the new product. The ten- year annuity factor at 15 percent is 5.0188. Click the answer you think is right. 4.000.000 5,018 797.008 5,990