Brewster's is considering a project with a 5-year life and an initial cost of $120,000....
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Brewster's is considering a project with a 5-year life and an initial cost of $120,000. The discount rate for the project is 12 percent. The firm expects to sell 2,100 units a year at a cash flow per unit of $20. The firm will have the option to abandon this project after three years at which time it could sell the project for $50,000. At what level of sales should the firm be willing to abandon this project at the end of the third year? O 420 units 1.041 units O 1.479 units O 1.618 units
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