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following information regarding the proposed project, which is expected to last 3 years: The project can be operated at the company's Charleston plant, which is

following information regarding the proposed project, which is expected to last 3 years:
The project can be operated at the company's Charleston plant, which is currently vacant.
Expected high-protein energy smoothie sales are as follows:
Year Sales
1$2,200,000
27,750,000
33,500,000
The project's annual operating costs (excluding depreciation) are expected to be 60% of sales.
The company's tax rate is 25%.
there are any tax credits related to this project they can be used in the year they occur.)
The project has a WACC =10.0%.
What is the project's expected NPV and IRR? Round your answers to 2 decimal places. Do not round your intermediate calculations.
Should the firm accept the project?
The firm should accept the project.
today? Round your answer to 2 decimal places. Do not round your intermediate calculations. Use the values in "millions of dollars" to ascertain the answer.
$
millions of dollars
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