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13. You want to invest $85,000 in a major new product rollout. You believe it will generate EBIT of 71,300 for the next 5 years.

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13. You want to invest $85,000 in a major new product rollout. You believe it will generate EBIT of 71,300 for the next 5 years. The investment will be straight-line depreciated to $0 book value at the end of the 5 years. This rollout will also require an investment in NWC of $11,000 in year 0, which will be returned at the end of the project. The tax rate is 21% and the required return is 14%. What is the NPV, IRR of the project

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