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Q: Approximately how much was paid to invest in a project that has an NPV break-even level of sales of $5 million, annual cash flows
Q: Approximately how much was paid to invest in a project that has
an NPV break-even level of sales of $5 million, annual cash flows determined by:
0.1 sales - $300,000, a six-year life, and an 8 percent discount rate?
Please give me a detailed explaination. I am not just looking for the answer but for understanding the concept .
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Get StartedRecommended Textbook for
International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
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