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Excel please, You are working on a bid to build four small apartment buildings a year for the next three years for a local community.
Excel please, You are working on a bid to build four small apartment buildings a year for the next three years for a local community. This project requires the purchase of $ of equipment which will be depreciated using straightline depreciation to a zero book value over the three years. The equipment can be sold at the end of the project for $ You will also need $ in net working capital over the life of the project. The fixed costs will be $ a year and the variable costs will be $ per building. Your required rate of return is percent for this project and your tax rate is percent. What is the minimal amount, rounded to the nearest $ that you should bid per building?
A $
B $
C $
D $
E $
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