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An investment project is expected to generate earnings before taxes(EBT) of $60,000 per year. Annual depreciation from the project is $30,000 and the firms tax
An investment project is expected to generate earnings before taxes(EBT) of $60,000 per year. Annual depreciation from the project is $30,000 and the firms tax rate is 40%. Determine the project's annual net cash flows.
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