Assume that NOK8,000,000 of the cash flow in year 4 represents the salvage value.Baps is not completely certain that the salvage value will be this amount and wishes to determine the break-even salvage value,which is $___________.
A) 510,088.04
B) 1,710,088
C) 1,040,000
D) none of the above
Correct Answer:
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