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Barton Corporation has identified a project with the following cash flows. Barton Corporation is considering a new three-year expansion project that requires an initial fixed

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Barton Corporation has identified a project with the following cash flows. Barton Corporation is considering a new three-year expansion project that requires an initial fixed asset investment of $1,600,000. The fixed asset falls into Class 10 for tax purposes (CCA rate of 30 percent per year), and at the end of the three years can be sold for a salvage value equal to its UCC. The project is estimated to generate $1,825,000 in annual sales, with costs of $585,000. The tax rate is 40 percent. Please make sure your final answer(s) are accurate to 2 decimal places. a) What is the OCF for each year of this project? Year 1 Year 2 Year 3 Now, suppose the required return on the project is 24 percent. b what is the PV of the annual cash flows (net annual revenues with CCA excluded)? PV of annual cash flows el What is the PV of the salvage value

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