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Approximately How Much Was Paid to Invest in a Project

Question 41

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?


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

Correct Answer:

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