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5 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $6.318 million. The fixed asset will be

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5 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $6.318 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $491,400. The project requires an initial investment in net working capital of $702,000. The project is estimated to generate $5,616,000 in annual sales, with costs of $2,246,400. The tax rate is 22 percent and the required return on the project is 18 percent. What is the project's Year Onet cash flow? points -7,020,000 What is the project's Year 1 net cash flow? What is the project's Year 2 net cash flow? What is the project's Year 3 net cash flow

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