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What is the rate that will make the firm breakeven

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Reference no: EM132505725

Red sea Co. wants to sell an electrical generator for AED 165000 in 2024. The price of this generator in market today is $94000 . If the discount rate on this generator is 13 percent per year. Do you think the firm will make a profit if they sell this generator? What is the rate that will make the firm breakeven?

Note: Profit = Revenue -cost

Reference no: EM132505725

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