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3. Hoosic has an investment project which will expand the size of its existing business. The project costs $275,000 and will generate an after tax

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3. Hoosic has an investment project which will expand the size of its existing business. The project costs $275,000 and will generate an after tax cash flow of $34,905 per year forever. Hoosic intends on keeping its debt ratio constant. What is the net present value of this project? A. $25,000 B. $300,000 C. -$6,500 3. Hoosic has an investment project which will expand the size of its existing business. The project costs $275,000 and will generate an after tax cash flow of $34,905 per year forever. Hoosic intends on keeping its debt ratio constant. What is the net present value of this project? A. $25,000 B. $300,000 C. -$6,500

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