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Approximately How Much Was Paid to Invest in a Project

Question 101

Multiple Choice

Approximately how much was paid to invest in a project that has an NPV break-even level of sales of $5 million, cash flows determined by:.1 × sales - $300,000, a six-year life, and an 8 percent discount rate? (use the values in dollar)


A) $416,667
B) $924,576
C) $1,016,678
D) $2,311,450

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