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cements YouTube + The Scholarship Sys. Sign In SUSPENSION APPE. P repeating a course... Ultrex Corp. is considering investing in a new product line that

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cements YouTube + The Scholarship Sys. Sign In SUSPENSION APPE. P repeating a course... Ultrex Corp. is considering investing in a new product line that will require an initial factory overhaul investment of $2.738M. That money will be required up-front with no more expenses for two years. Production will start at the beginning of Year 3, and production will continue until the end of Year 10. The following cash flows are expected for Years 3 - 10. If Ultrex requires a 20% return, should the company take on this venture? Year of Venture Net Cash Flow Year 3 -$652,100 Year 4 $218,590 Year 5 Year 6 $1,100,500 $2,879,000 $3,982,175 $3,270,200 Year 7 Year 8 Year 9 $2,466,014 Year 10 $901,550 Yes o No The company should not take on this venture. But, if the company is willing to accept a minimum return of 15%, the company would then take on the venture O Yes O No The company should not take on this venture. But, if the company is willing to accept a minimum return of 15%, the company would then take on the venture, The answer cannot be determined by the information provided

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