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Calculate the NPV for the following project. Use straight line depreciation over a three- year period. Assume zero salvage at the end of the three

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Calculate the NPV for the following project. Use straight line depreciation over a three- year period. Assume zero salvage at the end of the three years, with no required additional working capital. Calculate the NPV to the nearest cent xx.xx and enter without the dollar sign. WACC 13% Additional investment in fixed assets (depreciable basis) $75,000 33.333% Straight-line depreciation rate Annual sales revenues (constant for three years) $75,000 Operating costs (excl. depreciation) (also constant) $25,000 Tax rate 21.0%

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