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How to solve The Fancy Manufacturing Company is consldering a new investment. Financlal brojectlons for the investment are tabulated here. The corporate tax rate is

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The Fancy Manufacturing Company is consldering a new investment. Financlal brojectlons for the investment are tabulated here. The corporate tax rate is 22 percent. Assume all sales revenue is recelved in cash, all operating costs and Income taxes are bald in cash, and all cash flows occur at the end of the year. All net working capital is ecovered at the end of the project.
\table[[Investment,Year 0,Year1,Year2,Year 3,Year 4],[Sales revenue,$32,400,,,,],[Operating costs,,$14,900,$16,300,$17,800,$13,700
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