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Arabia Mills is investing in an R&D project with the following prospects: a. The project will generate cash inflows of $200,000, $250,000, $300,000, and $350,000

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Arabia Mills is investing in an R&D project with the following prospects: a. The project will generate cash inflows of $200,000, $250,000, $300,000, and $350,000 at the end of each year for 4 years; b. Cash outflows before taxes amount to 40% of the cash inflows; C. At time 0, the project will require a purchase of a fixed asset of $200,000 which is to be depreciated using the straight-line method with no salvage value over 4 years; and d. The project's rate of return is r = 10%, and the company's tax rate is 30%. Calculate the net present value of the project

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