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Greenway Corp. is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 . 7 9 million.
Greenway Corp. 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 it will be worthless. The project is estimated to generate $ in annual sales, with annual costs excluding depreciation of $ The tax rate is and the required return is What is the operating cash flow OCF in year
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