Question
A new project will generate new revenue of $22,459 per year over its n-year life. The project includes costs of $6,330. The firm's marginal tax
A new project will generate new revenue of $22,459 per year over its n-year life. The project includes costs of $6,330. The firm's marginal tax rate is 20%. The firm will require $50,000 in NWC if the project is accepted. Annual depreciation is $1,379. Calculate the project's annual operating cash flow?
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
978-0132148238
