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Question 29 1 pts Iron Hawk, Inc. will be investing in a new project. The initial investment is $7,506,000. The project will have a five

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Question 29 1 pts Iron Hawk, Inc. will be investing in a new project. The initial investment is $7,506,000. The project will have a five year life. The book value of the assets at the end of the project will be $950,000. The company will use straight line depreciation for the project. They will be able to sell the item assets at the end of the project for $600,000. The project will require $300,000 in net working capital investment. The project will produce $2,486,000 in revenue and incur $845,180 in costs. The company's effective tax rate is 31% If the firm's cost of capital is 11.25% what is the NPV of the project. O $1,056,197.22 O -$1,604,963.96 -$814,489.46 C $1,604,963.96

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