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Scanlin, Inc., is considering a project that will result in initial aftertax cash savings of $1.85 million at the end of the first year, and

Scanlin, Inc., is considering a project that will result in initial aftertax cash savings of $1.85 million at the end of the first year, and these savings will grow at a rate of 3 percent per year indefinitely. The firm has a target debt

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