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uizzes - COMM121 - Intro to Finance: 1 2 3 4 5 6 F20 - Learning Environment chegg.com = Chegg Study Textbook Solutions Expert Q&A

uizzes - COMM121 - Intro to Finance: 1 2 3 4 5 6 F20 - Learning Environment chegg.com = Chegg Study Textbook Solutions Expert Q&A Study Pack Practice Learn NEW! Find solutions for your homework Solved: Kingston Utilities Is Evaluating Two Projects. The... | Chegg.com Sign in | More Search business / finance / finance questions and answers / Kingston Utilities Is Evaluating Two Projects. The First Project Has N... Question: Kingston Utilities Is Evaluating Two Projects. The First Projec... Kingston Utilities is evaluating two projects. The first project has net after-tax cash inflows of $64396 per year starting at the end of year 1. The upfront cost of the project is $222000 and its expected life is 5 years. The board rejects the project because the project's IRR is exactly 1% lower than our weighted average cost of capital. The second project has an initial cost of $175000 with the same expected life. Assuming project B has the same risk level as project A, what's the minimal required after-tax cash inflow of project B for the board to accept project B (ie for project B to break-even)? a.) The answer is 50153.79 b.) The answer is 50762.61 c.) The answer is 51991.32 d.) The answer is 49544.97 Expert Answer This problem has been solved! See theimage text in transcribed

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