What would be the minimum annual cash flow

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Reference no: EM132033870

Answer the following question

Two mutually exclusive projects are being considered by a company. Both require an initial investment of $12,000 which will yield equal annual cash flows over their 10-year lives.

At a capital cost of 12%, what would be the minimum annual cash flow or break-even cash inflow?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132033870

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