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Down Under Boomerang, Inc., is considering a new 3 - year expansion project that requires an initial fixed asset investment of $ 2 . 4
Down Under Boomerang, Inc., is considering a new year expansion project that requires an initial fixed asset investment of $ million. The fixed asset will be depreciated straightline to zero over its year tax life, after which it will be worthless. The project is estimated to generate $ in annual sales, with costs of $ The tax rate is percent and the required return is percent. What is the projects NPVDo not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to decimal places, eg
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