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Can I get this solved ill rate 5 stars Simmons, Inc., is considering a new 4-year project that requires an initial fixed asset investment of

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Simmons, Inc., is considering a new 4-year project that requires an initial fixed asset investment of $3.75 million. The fixed asset is eligible for 100 percent bonus depreciation in the first year. At the end of the project, the asset can be sold for $470,000. The project is expected to generate $3.35 million in annual sales, with annual expenses of $985,000. The project will require an initial investment of $520,000 in NWC that will be returned at the end of the project. The corporate tax rate is 21 and the project has a required return of 13 percent What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV References eBook & Resources Worksheet Difficulty: Challenge Learning Objective: 10-01 H project Check my work 2020 McGraw Her Education Alloh

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