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Ping cash flow information (cont) Ping's marginal tax rate is 40%. Ping's required rate of return is 18%. Questions: What are the free cash flows

Ping cash flow information (cont)

Ping's marginal tax rate is 40%.

Ping's required rate of return is 18%.

Questions:

What are the free cash flows for this Ping King project?

Should Ping go ahead with the Ping Kings?

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