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Omni Consumer Products (OCP) is considering building a new manufacturing plant. Three years ago, OCP acquired a plot of land for $300 million. If the

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Omni Consumer Products (OCP) is considering building a new manufacturing plant. Three years ago, OCP acquired a plot of land for $300 million. If the new plant is approved, it will be built on this plot of land (the market value of the land is currently $400 million). The cost to build the new plant is estimated to be $835 million (at t=0). The manufacturing plant will increase net working capital requirements by $56 million (at t=0). In addition, OCP ordered an environmental impact study from an engineering firm for $250,000. The invoice for the impact study is due right now (at t=0). What is the cash flow of this project today (at t=0; excluding any CCA tax shields)? [Answer: Number in millions with 1 decimal. E.g., if your answer is $25.3 million, enter 25.3. Do not include 's' or the thousands separator]. Answer: 1079 X The correct answer is: 1291.0

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