Question: 6 s . 4 Y 5 u are considering a project with the following financial data: Required initial investment at n = 0 : $

6s.4 Y5u are considering a project with the following financial data:
Required initial investment at n=0 : $50M
Project life: 10 years
Estimated annual revenue: $x(unknown)
Estimated annual operating cost: $15M
Required minimum return: 20% per year
Salvage value of the project: 15% of the initial investment
What minimum annual revenue (in $M) must be generated to make the project worthwhile?
(a)x=$26.64M
(b)x=$28.38M
(c)x=$32.47M
(d)x=$35.22M
 6s.4 Y5u are considering a project with the following financial data:

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