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Calculate the discounted profitability criterion using the following information for a chemical plant: cost of land, L 10 MS. Total fixed capital investment = 150

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Calculate the discounted profitability criterion using the following information for a chemical plant: cost of land, L 10 MS. Total fixed capital investment = 150 M$, FCI (year 1) = 90 MS, FCI (year 2) = 60 MS, Working capital = 30 M$ at the end of year 2 and plant start-up at end of year 2. Yearly sales revenue after start up, R = 75 M$ per year. COMd after start up = 30 M$ per year. Tax rate, t -45%, salvage value of plant, 5= 10 M$, Depreciation = use 5-year MACRS (dk -18.75). Plant life after start up = 10 years and assume a discount rate of 10% p.a. Generate the discounted cash flow table

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