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Down Under Boomerang, Inc., is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 . 8
Down Under Boomerang, Inc., is considering a new threeyear expansion project that
requires an initial fixed asset investment of $ million. The fixed asset will be
depreciated straightline to zero over its threeyear tax life, after which time 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
project's NPVDo not round intermediate calculations and round your answer to
decimal places, eg
NPV
$
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