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the answer should be 149.3 Butler Products is considering a new project with the expected results (in $ millions) shown below. The required equipment has
the answer should be 149.3
Butler Products is considering a new project with the expected results (in \$ millions) shown below. The required equipment has a 3-year tax life, and the MACRS rates for such property are 33.33\%, 44.45\%, 14.81\%, and 7.41\% for Year 1 through Year 4 . Revenues and other operating costs are expected to be constant over the project's 10-year expected operating life. What would be the project's expected Year 3 cash flow (in $ millions, rounded to one decimal place, e.g., 12.3)? Round your answer to 1 decimal placeStep by Step Solution
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