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2. You are given the following data for year 1: Revenues = 100; fixed costs = 30; total variable costs = 50; depreciation = $10;

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2. You are given the following data for year 1: Revenues = 100; fixed costs = 30; total variable costs = 50; depreciation = $10; tax rate = 30 percent. Calculate the after-tax cash flow for the project for year 1

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