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n A Hobbiton Tour Company proposes to invest $4 million in a new tour package project Fixed costs are $1.5 million per year. The tour

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A Hobbiton Tour Company proposes to invest $4 million in a new tour package project Fixed costs are $1.5 million per year. The tour package costs the company $500 to produce and can be sold at $1500 per package to tourists. This tour package will last for the next five years. If the cost of capital is 20%, what is the NPV break-even number of tourists per year? Ignore taxes and round to the nearest 1,000. Select one: 1,000 O b. 2,000 OC 4,000 Cd 3,000

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