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I'm having trouble figuring out this practice question Shah Corporation is considering a new project. The project will require $2,209,000 for new fixed assets. The

I'm having trouble figuring out this practice question

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Shah Corporation is considering a new project. The project will require $2,209,000 for new fixed assets. The project has a 5-year life. The fixed assets will belong in a 30% CCA class. At the end of the project, the fixed assets can be sold for 10% of their original cost. The tax rate is 35% and the required rate of return is 5%. The new project would generate $665,000 per year before taxes and operating costs. Present value of tax shield on CCA calculated by Shah Corporation is 594,997.15 and you can use it to calculate the answer. Based on the given information, what is the net present value (NPV) of the project? O 490,000 O 410,007 O 497,800 O 430,494 None of the given answers is correct

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