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Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The now product

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Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The now product will require new equipment for $400,642.00 that will be depreciated using the 5-year MACAS schedule. The project will run for 2 years with the following forecested numbers: Calloway has a 13.00% cost of capital and a 37.00% tax rate. The firm expects to sell the oquipment after 2 years for a NSV of $134,757.00. What is the prolect cash flow for year 2 ? (include the terminal cash flow here) Answor premat Currency: Round to: 2 decimal places

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