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@UMNIAH 8.0497019 Not yet answered Marked out of 2.50 P Flag question You are considering a project with the following financial data: Required initial investment
@UMNIAH 8.0497019 Not yet answered Marked out of 2.50 P Flag question You are considering a project with the following financial data: Required initial investment at $30M Project life: 10 years, Estimated annual revenue: $X (unknown) Estimated annual operating cost: $15M Required minimum return i: 20% Salvage value of the project: 20% of the Initial investment What would be the minimum annual revenue (in $M) that must be generated to make the project worthwhile? Select one: 24M 20M 22M 18M 30M V o III 0
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