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10. Burger Inc., is looking at a new project that will generate $285 000 in operating cash flows every year for four years. The project

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10. Burger Inc., is looking at a new project that will generate $285 000 in operating cash flows every year for four years. The project requires an investment in a system with an installment cost of $852 000 that will be depreciated straight-line to zero over the project's four-year life. At the end of the project the system can be sold for $74 000. The system requires an initial investment in net working capital of $26 000 that will be recovered at the end of the project. If the tax rate is 35 percent and the discount rate is 11 percent, what is the NPV of this project? LES (10 Points) 563 030 $55 009 572 070 -560 556

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