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A project costs $1 million. It is expected to generate taxable income (revenues minus expenses) of $400,000 a year for 4 years before accounting for
A project costs $1 million. It is expected to generate taxable income (revenues minus expenses) of $400,000 a year for 4 years before accounting for depreciation. The firms tax rate is 21% and its cost of capital is 10%. Assume straight-line depreciation over 4 years. Calculate the operating cash flow via the three different methods
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