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Sports, Inc. is evaluating. Outdoor Sports is considering manufacturing a new line of laser rangefinders: Outdoor Sports uses an after-tax cost of capital of 8

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Sports, Inc. is evaluating. Outdoor Sports is considering manufacturing a new line of laser rangefinders: Outdoor Sports uses an after-tax cost of capital of 8 percent per year for discounting purposes. It depreciates its equipment on a straight-line basis over a period of five years and its tax rate is 25%. What is the NPV of the project

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