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Company FIN3610-ETRA just launched a new project. The required return is 10% The project will last for 3 years. Every year, the revenues generated from

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Company FIN3610-ETRA just launched a new project. The required return is 10% The project will last for 3 years. Every year, the revenues generated from the project will be 51780.000, and the costs from the project will be $676.000 The nitial investment on this project is equal to 52,37 million, which will follow the three-year MACRS depreciation schedule MACES schedule The salvage value will be $390,000 In addition, the project requires an initial $390,000 investment in net working copinat of the tax rates 24. what is the NPV of this project Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to two decimal places .. 1234,567.09 NPV

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