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10 pts Question 15 For a conventional project, the after-tax cash flows are: CF0 = -$45M (M million), CFAT1-7 = $10M, and the salvage value

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10 pts Question 15 For a conventional project, the after-tax cash flows are: CF0 = -$45M (M million), CFAT1-7 = $10M, and the salvage value (SAL) at t = 7 is $10M. If the appropriate discount rate is 15% and the net advantage of leasing (NAL) is $1M. Should we accept this project? Accept, the total net present value is $1,363,567, O Reject, the total net present value is -$1,363,567. O Accept, the total net present value is $363,567

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