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Approximately How Much Was Paid to Invest in a Project

Question 74

Multiple Choice

Approximately how much was paid to invest in a project that has an economic break-even level of sales of $5 million,cash flows determined by .1 * sales - $300,000,a 6-year life,and an 8% discount rate?


A) $416,667
B) $924,575
C) $1,016,678
D) $2,311,450

Correct Answer:

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