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A company's new project calls for an investment of 10K. It has an estimated life of 10 years. The IRR has been calculated to be 15%. If cash flows are evenly distributed and the tax rate is 40%, what is the annual before-tax cash flow each year?

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69. A co.'s new project calls for an investment of 10K. It has an estimated life of 10 hears. The IRR has been calculated to be 15%. If cash flows are evenly distributed and the tax rate is 40%, what is the annual before-tax cash flow each year? (assume depreciation is a negligible amount)

1993
3321
1500
4983
5019

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