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McGilla Golf has decided to sell a new line of golf clubs. The length of this project is seven years. The company has spent $
McGilla Golf has decided to sell a new line of golf clubs. The length of this project is seven years. The company has spent $ on research and development for the new clubs. The plant and equipment required will cost $ and will be depreciated on a straightline basis. The new clubs will also require an increase in net working capital of $ that will be returned at the end of the project. The OCF of the project will be $ The tax rate is percent, and the cost of capital is percent. What is the NPV for this project?
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