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10 A new project costs $28 million and has an expected life of 12 years. It will be depreciated straight line over an 7 year

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10 A new project costs $28 million and has an expected life of 12 years. It will be depreciated straight line over an 7 year term. EBDT per year for the project is $5.5 million and the firm's tax rate is 40%. Show the expected cashflows per year for this project over its life T T T Arial 3 (12pt) T-E Path: P Words:0

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