A project in malaysia costs 4000000 over the next three


A project in Malaysia costs $4,000,000. Over the next three years, the project will generate total operating cash flows of $3,500,000, measured in today’s dollars using a required rate of return of 14 percent (this is the PV of the operating cash flows). What is the break-even salvage value of this project?

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Financial Management: A project in malaysia costs 4000000 over the next three
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