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A proposed project lasts 3 years and has an initial investment of $250,000. The after-tax cash flows are estimated at $55,000 for year 1, $100,000

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A proposed project lasts 3 years and has an initial investment of $250,000. The after-tax cash flows are estimated at $55,000 for year 1, $100,000 for year 2, and $145,000 for year 3. The firm has a target debt equity ratio of 1.4. The firm's cost of equity is 14% and its cost of debt is 9%. The tax rate is 36%. What is the NPV of this project

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