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If someone does this question, I will give a dish likeChadron Sports is considering adding a miniature golf course to its facility. The course would
If someone does this question, I will give a dish likeChadron Sports is considering adding a miniature golf course to its facility. The course would cost
$ would be depreciated on a straightline basis over its fiveyear life, and would have a zero
salvage value. The estimated income from the golfing fees would be $ a year with $ of
that amount being variable cost. The fixed cost would be $ In addition, the firm anticipates an
additional $ in revenue from its existing facilities if the golf course is added. The project will
require $ of net working capital, which is recoverable at the end of the project. What is the net
present value of this project at a discount rate of percent and a tax rate of percent?
$
$
$
$
$
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