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DrinksOnUs Inc. wants to expand its product offerings with a new non-alcoholic drink mix at a cost of $12 million. The drink mix is expected

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DrinksOnUs Inc. wants to expand its product offerings with a new non-alcoholic drink mix at a cost of $12 million. The drink mix is expected to bring incremental pre-tax sales of $4.5 million per year for the next 5 years. If the firm has a cost of capital of 7.5%, and pays a 30% corporate tax rate, what would be the NPV of this drink mix investment? A) $413,023 B) $577,037 C) $744,537 D) $915,622 E) $1,268,946

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