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Esfandairi Enterprises is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 , 4 8 0
Esfandairi Enterprises is considering a new threeyear expansion project that requires
an initial fixed asset investment of $ The fixed asset will be depreciated
straightline to zero over its threeyear tax life, after which time it will be worthless.
points
The project is estimated to generate $ in annual sales, with costs of
$ Assume the tax rate is percent and the required return on the project
is percent. What is the project's NPV
Note: A negative answer should be indicated by a minus sign. Do not round
intermediate calculations and round your answer to decimal places, eg
Answer is complete but not entirely correct.
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