Tangshan mining company with a cost of capital of 10, Financial Management

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Tangshan mining company with a cost of capital of 10

Tangshan Mining Company, with a cost of capital of 10 percent, is considering investing in project A, with an initial investment of $1,000,000. Project A is expected to provide equal cash inflows over its 5 year useful life. Based on this information, the breakeven cash inflow for the project is $_______. (Please calculate the arithmetic solution and show your work)

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Financial Management: Tangshan mining company with a cost of capital of 10

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Financial Management: Tangshan mining company with a cost of capital of 10

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