Assume Research In Motion invested $834 million to expand its manufacturing capacity. Assume that these assets have

Question:

Assume Research In Motion invested $834 million to expand its manufacturing capacity.
Assume that these assets have a seven-year life, and that Research In Motion requires a 12% on these assets.

Required
What is the amount of annual cash flows that Research In Motion must earn from these projects to have a 12% (Hint: Identify the seven-period, 12% factor from the present value of an table, and then divide $834 million by this factor to get the annual cash flows necessary.)

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