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Given the following information and ignoring taxes, what is the annual cash revenue that will make the net present value equal to zero (i.e., the annual cash revenue that will cause us to break-even in the financial sense)?

? Annual cash costs = $14,000

? Life of project = 8 years

? Initial cost of project = $30,000

? Salvage value at end of project = $2,000

? Required rate of return = 15%

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92744036

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