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StereoDome is considering a project that would last for 2 years. The project would involve an initial investment of $270.000 for new equipment that would

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StereoDome is considering a project that would last for 2 years. The project would involve an initial investment of $270.000 for new equipment that would be sold for an expected price of $110.000 at the end of the project in 2 years. The equipment would be depreciated to zero over 3 years using straight-line depreciation in years 1 and 2. relevant annual revenue for the project is expected to be 5370.000 per year and relevant annual costs for the project are expected to be 5220.000 per year. The tax rate is 30 percent and the cost of capital for the project is 19.43 percent. What is the net present value of the project? a.-$12.947 plus or minus $100) b. 57.821 plus or minus 5100) OC-557. 116 plus or minus 5100) 6.55.92 plus or minus 5100) None of the other alternatives is within 5100 of the correct

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