What is the annual after-tax free cash flow (each year is equal) of a five year project
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Question:
What is the annual after-tax free cash flow (each year is equal) of a five year
project that will yield the financial break even? The required rate of return on
the project is 12% and the initial investment is 10 million dollars.Can you explain by two ways, one way is calculation, another way is calculator.
A. $2,000,000
B. $2,347,456
C. $2,670,350
D. $2,774,079
E. None of the above
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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