waldziuchna

yes...what exactly are you trying to argue here...
Obviously a million dollar payment is a million dollar payment....but you need to look at after-tax calculations which is what the firm really cares about, and hence used in it's calculation to find the discount rate....

Anyway, I think I've contributed enough to this forum...I am100% confident with my answers; however if anyone disagrees, feel free to debate amongst yourselves....

This topic is the most introductory basic finance material you can get....just move on