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Albert's Den Outdoor Gear is considering a new year project to produce a new lent line. The equipment necessary would cost $20 million and be

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Albert's Den Outdoor Gear is considering a new year project to produce a new lent line. The equipment necessary would cost $20 million and be deprecated using straight line depreciation to a book wie of Al the end of the project, the guipment can be sold for 10 percent of its cost. The company believes that it can sell 32,000 tents per year at a price of Stand variable costs of 540 per tent. The fixed costs will be $65.000 per year. The project will require antal investment in net worlong capital of 5261000 that will be recovered at the end of the project. The required rate of return is 124 percent and the fasteis 35 percent. What is the NPV

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