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In need of this questionthank you 3) Consider a five-year project: Initial fixed asset investment = $525,000: straight-line depreciation to zero over the five-year life;

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3) Consider a five-year project: Initial fixed asset investment = $525,000: straight-line depreciation to zero over the five-year life; zero salvage value; price = $32; variable costs = $20; fixed costs = $220,000; quantity sold = 90,000 units; tax rate = 38%. a) Calculate the OCF. (2 marks) b) How sensitive is OCF to changes in quantity sold? (3 marks) c) What is the degree of operating leverage at the given level of output? (2 marks) d) What is the degree of operating leverage at the accounting break-even level of output

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