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Consider a project to supply 92 million postage stamps per year to the US Postal Service for the next be you $1,665,000 five years ago;
Consider a project to supply 92 million postage stamps per year to the US Postal Service for the next be you $1,665,000 five years ago; if the land were sold today, it would net you $1740,000 aftertax The land can be to install $4.95 million in new manufacturing plant and equipment to actually produce the stamps this plant and over the project's five-year life. The equipment can be sold for $505,000 at the end of the project. You will so project, and an additional investment of $42,000 in every year thereafter. Your production costs are 004 cents per year. If your tax rate is 23 percent and your required return on this project is 10 percent, what bid price should you Calculations and round your answer to 5 decimal places, e.g., 12345) Numeric Response 5877301
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