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Summer Tyme. Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $3 618 million The fixed asset will

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Summer Tyme. Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $3 618 million The fixed asset will be depreciated straight-line to zero over its 3-year tax life after which time it will have a market value of $281.400 The project requires an initial investment in net working capital of $402,000 The project is estimated to generate $3, 216.000 in annual sales, with costs of $1, 286, 400 The tax rate is 34 percent and the required return on the project is 14 percent What is the project's year 0 net cash flow? What is the project's year 1 net cash flow? What is the project s year 2 net cash flow? What is the project s year 3 net cash flow? What is the NPV

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