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Question
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) $12,000.00
B) $5,674.26
C) $17,623.42
D) $17,958.56
Answer
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Related questions
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