Measured in todays pounds using a required rate of, Financial Management

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Measured in todays pounds using a required rate of

Break-even salvage value. A project in Malaysia costs £4 000 000. Over the next three years, the project will generate total operating cash flows of £3 500 000, measured in today's pounds using a required rate of return of 14%. What is the break- even salvage value of this project?

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