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JEE Time Left: 02:12:57 Question No: 04 This is a subjective question, hence you have to write your answer in the Text-Field given below. X

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JEE Time Left: 02:12:57 Question No: 04 This is a subjective question, hence you have to write your answer in the Text-Field given below. X Co. needs someone to supply it with 150.000 cartons of machine screws per year to support its manufacturing needs over the next six years, and you have decided to bid on a contract. It will cost you $18.00,000 to install the equipment necessary to start production. You will depreciate it straight line to zero over the wroject's life. Salvage value of equipment (which was installed) in six years is SISO,000. Fixed productions costs are $290,000 per year and variable costs will be $9 per carton. Initial investment in Net Working Capital - $150.000 which will go to zero at the end of Year 6. Corporate tax rate is 35% and capital gain tax is 15% and you require 20% on your investment, what is the minimum bid price you can submit to avoid winner's curse problem? [5] Options Upload Answer Sheet Using-Mobile View U (Max Upto 20000 Characters) at - Table Insert

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