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Profits after taxes = $24 million; Depreciation = $5 million; Interest expense = $3 million;The corporate tax rate is 25 percent. Calculate the net cash
Profits after taxes = $24 million; Depreciation = $5 million; Interest expense = $3 million;The corporate tax rate is 25 percent. Calculate the net cash flow after tax for year 1, as if all equity and using the standard textbook method (classical system).
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