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Question 14 Charlie Corporation considering a proposal to operate a gold mine in the Yukon. At the end of the project's 10-year life, all the

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Question 14 Charlie Corporation considering a proposal to operate a gold mine in the Yukon. At the end of the project's 10-year life, all the mining equipment will be sold. The equipment had an original cost of $250,000 and at the time of sale will have accumulated depreciation of $220,000. It is estimated the equipment will be sold for $70,000. Charlie Corporation has a tax rate of 21% and a weighted average cost of capital of 25%. What is the present value of the terminal cash flow? $9,156.45 $6,614.25 $7,516.19 $5,937.79

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