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Dingo Construction is considering a new three-year expansion project that requires an initial fixed asset investment of $1.8 million. The fixed asset will be depreciated

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Dingo Construction is considering a new three-year expansion project that requires an initial fixed asset investment of $1.8 million. The fixed asset will be depreciated straight line to zero over its three year tax life, after which time it will be worthless. The project is estimated to generate $1,920,000 in annual sales, with costs of $985,000. Dingo's tax rate is 30S. What are the annual OCFs for this project? Draw the timeline for this project. If the appropriate OCC (opportunity cost of capital is 11.7%. what is the NPV (net present value) of the project? Should Dingo accept this project? Why or why not

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