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Question 14 10 After paying $2 million for a feasibility study, Cougar Goods Lid wrote a propenal with the following cash flow estimates for 20

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Question 14 10 After paying $2 million for a feasibility study, Cougar Goods Lid wrote a propenal with the following cash flow estimates for 20 year capital project, quipment con: 530 milion Shipping Installation $20 million Salvage: 14 million Working capital investment 52 million Revenues are expected to increase by $20 million per year and cash operating expenses by 5 milion eye them marginal tax rate is 40 percent, its weighted average cost of capitalism and the firm requires a year ayback. Aumine conventional regne depreciation, calculate the annual deprecation this project O $2.4 million 52.2 million 12.0 milion $2.6 million None of the listed choices incorrect

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