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A company is considering a project that would require an initial investment of $ 6 , 3 0 0 , 0 0 0 for the

A company is considering a project that would require an initial investment of $6,300,000 for the expansion of a factory, and a $1,100,000 investment in inventory and other short-term assets. The capital expenditure can be depreciated, straight-line, to zero, over the three-year life of the project. The company expects to generate sales of $4,300,000 per year, with costs of $2,100,000 per year. The company will pay taxes at a rate of 20%. The company expects to sell off all inventory in the final year, and end the project without any working-capital. If the required return for projects with this level is risk is 12%, what is the NPV of this project?
A.-$2,164,008
B.-$1,381,050
C.-$1,064,008
D. $6,018,950
E. $13,418,950
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