Bxv inc is considering a 15-year investment project that

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BXV, Inc. is considering a 15-year investment project that will cost $300,000. It is estimated that none of the $300,000 will be returned to BXV at the end of the project's life. BXV's discount rate is 10%. What is the minimum amount of profit that BXV would need each year of the project's life for this project to be acceptable (rounded)?

Reference no: EM13593536

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