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A two - year project has been evaluated and has an NPV on an after tax basis of - $ 2 0 0 0 .
A twoyear project has been evaluated and has an NPV on an after tax basis of $ On reviewing the analysis the Finance Manager found that depreciation had been omitted from the tax analysis. The allowable depreciation for tax purposes is $ for each year. Using a tax rate of and and a discount rate after tax of pa determine the correct NPV for the project to the nearest dollar
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