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4 A company needs an increase in working capital of $50,000 in a project that will last 4 years. The company's tax rate is 30%

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4 A company needs an increase in working capital of $50,000 in a project that will last 4 years. The company's tax rate is 30% and its after-tax discount rate is 8%. Click here to view Exhibit 138-1 to determine the appropriate discount factor(s) using table The present value of the release of the working capital at the end of the project is closest to Multiple Choice 36,750 $15,000 25726 $35,000

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