Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $5.67 million. The fixed asset will be depreciated straight-line to zero over its 6-year tax life, after which time it will be worthless. The project is estimated to generate $5,040,000 in annual sales, with costs of $2,016,000. If the tax rate is 25 percent, what is the OCF for this project? An investment will pay you $24,000 in 6 years. The appropriate discount rate is 11 percent compounded daily. What is the present value