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Che 3 Summer Tyme, Inc., IS considering a neW 3-year expansion project that requires an initial fixed asset investment of $1.62 million. The fixed asset

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Che 3 Summer Tyme, Inc., IS considering a neW 3-year expansion project that requires an initial fixed asset investment of $1.62 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $126,000. The project requires an initial investment in net working capital of $180,000. The project is estimated to generate $1,440,000 in annual sales, with costs of $576,000. The tax rate is 31 percent and the required return on the project is 11 percent. 10 points 03:03:01 Required (a)What is the project's year 0 net cash flow? (Click to select)e (Click to select) e (Click to select)e References(Click to select) eBook (b)What is the project's year 1 net cash flow? (c)What is the project's year 2 net cash flow? Print (d)What is the project's year 3 net cash flow? (e)What is the NPV? Click to select)

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