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collected the following information regarding the proposed project, which is expected to last 3 years: - The project can be operated at the company's Charleston

image text in transcribed collected the following information regarding the proposed project, which is expected to last 3 years: - The project can be operated at the company's Charleston plant, which is currently vacant. sold for $1,500,000 before taxes. - Expected high-protein energy smoothie sales are as follows: Year Sales \begin{tabular}{|r|r|} 1 & $2,200,000 \\ 2 & 7,750,000 \\ 3 & 3,500,000 \end{tabular} - The project's annual operating costs (excluding depreciation) are expected to be 60% of sales. - The company's tax rate is 25%. is, assume that if there are any tax credits related to this project they can be used in the year they occur.) - The project has a WACC =10.0%. What is the project's expected NPV and IRR? Round your answers to 2 decimal places. Do not round your intermediate calculations. NPV IRR % Should the firm accept the project? dollars" to ascertain the answer. millions of dollars

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