What is the NPV break-even level of sales for a project costing $4,000,000 and generating cash flows according to .30 × sales - $450,000? Assume the project will last 10 years and requires a discount rate of 12 percent.
A) $2,093,654
B) $13,783,333
C) $2,359,047
D) $3,859,798
Ans: D) $3,859,798
Business
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Indicate whether the statement is true or false
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