Question: A project initially costs $100,000 to get started and has a discount rate of 10.50%. It has a useful life of six years. You expect

A project initially costs $100,000 to get started and has a discount rate of 10.50%. It has a useful life of six years. You expect the project to have a NPV of $15,000. What would be the equal yearly cashflow generated by the project need to be to reach the target NPV? Multiple Choice $19,167 $22,336 $24,681 $26,793 $27,870

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