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A company sells Widgets to consumers at a price of $ 1 1 2 per unit. The cost to produce Widgets is $ 4 9

A company sells Widgets to consumers at a price of $112 per unit. The cost to produce Widgets is $49 per unit. The company will sell 19,000 Widgets to consumers each year. The fixed costs incurred each year will be $180,000. There is an initial investment to produce the goods of $2,200,000 which will be depreciated straight line over the 15 year life of the investment to a salvage value of $0. The opportunity cost of capital is 9% and the tax rate is 35%.
What is operating cash flow each year?
807716.67
Correct response: 712,383.34+-1
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Using an operating cash flow of 712,383.34 each year, what is the NPV of this project?
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