Question: could someone explain how to get this answer please, using a financial calculator Thanks Jake's Tree farm is evaluating a proposal to plant 5,000 ornamental
could someone explain how to get this answer please, using a financial calculator
Thanks
Jake's Tree farm is evaluating a proposal to plant 5,000 ornamental trees at an initial cost of $10,000. The trees will be sold in 5 years. What is the minimum after tax cash flow from selling the trees that will allow the tree planting project to reach break even NPV? Use a discount rate of 12%. A. $17,623.42 O B. $5,674.26 O C. $17,958,56 OD. $12,000.00
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