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please answer fast Use the information for the question(s) below. Epiphany Industries is considering a new capital budgeting project that will last for three year:

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Use the information for the question(s) below. Epiphany Industries is considering a new capital budgeting project that will last for three year: Epiphany plans on using a cost of capital of 12% to evaluate this project. Based on extensive research, it has prepared the following incremental cash flow projects: Year 0 1 2 3 Sales (Revenues) 100,000 100.000 100,000 - Cost of Goods Sold (50% of Sales) 50,000 50,000 50,000 - Depreciation 30,000 30,000 30,000 = EBIT 20,000 20,000 20,000 - Taxes (35%) 7000 7000 7000 = unlevered net income 13,000 13,000 13,000 + Depreciation 30,000 30,000 30,000 + changes to working capital -5,000 -5.000 10,000 - capital expenditures -90,000 The NPV for Epiphany's Project is closest to: a. $39,000 b. $4,825 C. $11.946 $20,400

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