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The annual free cash flow (FCF) of a project is equal to (Revenue-6000)*0.6 and the cost of capital is 10% p.a. If the initial investment
The annual free cash flow (FCF) of a project is equal to (Revenue-6000)*0.6 and the cost of capital is 10% p.a. If the initial investment is 60,000 and the project has an infinite life, the break-even revenue is closet to:
A.0
B 10,000
C. 16,000
D.5,000
E. 6,000
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