Multiple Choice
Brookfield Heavy Equipment is considering a project that will produce after tax cash of $40,000 per year for 5 years. The project will require an initial investment of $144,191. At what discount rate will the project reach break-even NPV?
A) 8%
B) 10%
C) 12%
D) 11.11%
Correct Answer:

Verified
Correct Answer:
Verified
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