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Simpson Enterprises is considering a new project with revenue of $325,000 for the indefinite future. Cash costs are 63 percent of the revenue. The initial

Simpson Enterprises is considering a new project with revenue of $325,000 for the indefinite future. Cash costs are 63 percent of the revenue. The initial cost of the investment is $425,000. The tax rate is 21 percent and the unlevered cost of equity is 17 percent. What is the net present value of the project?

$133,809

$144,347

$178,162

$204,584

$121,089

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