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Tesla's $ 10,114 million investment in China is projected to yield the following cash flows: Year 1: $ 316 million Year 2: $ 2,184 million
Tesla's $ 10,114 million investment in China is projected to yield the following cash flows: Year 1: $ 316 million Year 2: $ 2,184 million Year 3:$ 3,796 million What is the project's break even salvage value at the end of year 3, in million dollars, if the company's required rate of return is 14%? Provide your answer in millions, rounded to three decimals
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