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Consider a 10-year project with the following information: initial fixed asset investment = $480,000; straight-line depreciation to zero over the 10-year life; zero salvage value;
Consider a 10-year project with the following information: initial fixed asset investment = $480,000; straight-line depreciation to zero over the 10-year life; zero salvage value; price = $34; variable costs = $15; fixed costs = $206,400; quantity sold = 138,288 units; tax rate = 36 percent. The sensitivity of OCF to changes in quantity sold is $. (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16).)
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