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Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully

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Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully depreciated at the time of purchase. The financiat statf has collected the following information on the project: Sales revenues $20 million Operating costs 18 million Interest expense 2 million The company has a 25% tax rate, and is wACC is 12%. Write out your answers completely. For example, 13 million should be entered as 13,000,000. a. What is the proiect's operating cash flow for the first year (t=1) ? Round your answer to the nearest doilar. b. If this project would cann balize ocher projects by 50.5 million of cash flow before taxes per yeac, how would this change your answer to part a? Round your answer to the nearest dollar. The firm's OCF would now be s

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