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Right answer needed Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $2.43 million. The fixed asset

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Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $2.43 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 $2,160,000 in annual sales, with costs of $864,000. If the tax rate is 22 percent, what is the OCF for this project? Multiple Choice O $1,154,979 $694,980 $1,044,981 $1,296,000 O $1,154,979 O $694,980 O $1,044,981 O $1,296,000 $1,099,980

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