This Problem Counts 3 Points Given the following information…
This Problem Counts 3 Points Given the following information, find the discount rate needed to make the project break-even (NPV=$0). The tax rate is 21%. Depreciation is calculated on a straight-line basis over the life of the project with a $1 salvage value. Yr 0 Yr 1 Yr 2 Yr 3 Capital Investment $-10,000 EBITDA $4,000 $4,000 $6,000