Question: Quad is considering a new 3 - year expansion project that requires an initial fixed asset investment of $ 5 . 1 million. The fixed

Quad is considering a new 3-year expansion project that requires an initial fixed asset investment of $5.1 million. The fixed asset falls into the 3-year MACRS class and will have a market value of $399000 after 3 years. The project requires an initial investment in net working capital of $570000. The project is estimated ro generate $4560000 in annual sales, with costs of $1824000. The tax rate is 23 percent and the required return on the project is 15 percent. What is the project's year 0 net cash flow? What is the project's year 1 net cash flow? What is tje project's yeat 2 net vash flow? What is the project's year 3 net cash flow? What is the NPV?

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