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Esfandairi Enterprises is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 . 3 million. The
Esfandairi Enterprises 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 on the project is percent. What is the projects NPVDo not round intermediate calculations. Enter your answer in dollars, not millions of dollars, and round your answer to decimal places, eg
Esfandairi Enterprises 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 on the project is percent. What is the projects NPVDo not round intermediate calculations. Enter your answer in dollars, not millions of dollars, and round your answer to decimal places, eg
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